- Gary Gensler, Chairperson of the U.S. SEC, states he supports the re-proposed rule.
- The re-proposed rule is designed to address conflicts of interest arising with market participants taking positions against investors’ interest.
- “The changes, taken together, would benefit investors and our markets,” says Gensler.
Gary Gensler, Chairperson, U.S. Securities and Exchange Commission (SEC), states he supports the re-proposed rule. He writes in a tweet, “It fulfills Congress’s mandate to address conflicts of interests in the securitization market, which contributed to the 2008 financial crisis.”
I am pleased to support this re-proposed rule as it fulfills Congress’s mandate to address conflicts of interests in the securitization market, which contributed to the 2008 financial crisis.— Gary Gensler (@GaryGensler) January 25, 2023
On Thursday, Gensler posted a tweet where he shared the
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