Hearing Preview: Gensler Senate Testimony Released

Also, SEC proposes new rules for Treasury market that single out hedge funds and high-speed traders

SEC Chair Gary Gensler’s testimony was released ahead of his much-anticipated appearance tomorrow before the Senate Banking Committee. For those who follow him closely, it is very much of the “greatest hits” variety. Of course, he contends that almost all cryptocurrencies are securities. And of course, he takes pains to list all the rules that the agenc…