Hedge Funds Want No Part of Gensler's 'Dealer' Rule

Fed and FDIC delay on banks' living wills fuels intrigue

Last week, SEC Chair Gary Gensler posted a video on his efforts to boost oversight of the Treasury Markets – something policy makers have been eager to do following wild volatility at the onset of the pandemic and after an October 2014 “flash crash.” The potential for a systemic problem in the trading of the country’s own debt has, not surprisingly, wor…