Gensler Pounces on FTX Debacle to Push His Crypto Agenda
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Gensler Pounces on FTX Debacle to Push His Crypto Agenda
Also, relief may be coming on SEC rule that threatens bond market; Republican attorneys general signal that agency's tech glitch will be fodder for lawsuits over ESG regulations
SEC Chair Gary Gensler, in a late afternoon speech, ratcheted up his rhetoric on cryptocurrency regulation – using the news of near collapse of trading platform FTX to forcefully argue for his agency to take a big role in oversight.
In particular, Gensler publicly panned (for the first time) the bipartisan Senate Agriculture bill on digital asset commodi…
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