U.S. SEC chief Gary Gensler unveils plan to overhaul Wall Street stock trading

US Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters The top US securities regulator on Wednesday proposed rule changes to transform how Wall Street handles retail … Read more

Potential market-altering rules in focus as exchange execs meet at Piper conference

Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), listens during a Financial Stability Oversight Council (FSOC) meeting at the US Treasury in Washington, DC, US, on Monday, Dec. 9, 2013. Andrew Harrer | Bloomberg | Getty Images We are live on Wednesday at Piper Sandler’s Global Exchange Conference, where the heads of major … Read more

SEC’s Gensler speaks Wednesday, and rules that overhaul market operations could be coming

Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), at the SEC headquarters office in Washington, DC, US, on Thursday, July 22, 2021. Melissa Lyttle | Bloomberg | Getty Images SEC Chair Gary Gensler is trying to make good on his promise to address what he believes are deficiencies in the US trading … Read more

SEC unveils rules to prevent misleading claims by ESG funds

Gary Gensler, chairman of the Securities and Exchange Commission, at the SEC headquarters in Washington, on July 22, 2021. Melissa Lyttle / Bloomberg via Getty Images The Securities and Exchange Commission on Wednesday proposed two rule changes that would prevent misleading or deceptive claims by US funds on their environmental, social and corporate governance (ESG) … Read more

U.S. dropped the ball on crypto regulation

WASHINGTON – The US has dropped the ball on crypto regulation, according to Securities and Exchange Commissioner Hester Peirce, and she says the knock-on effects of that failure keep her up at night. “There’s a lot of fraud in this space, because it’s the hot area of ​​the moment,” Peirce told CNBC on the sidelines … Read more

Tough questions await SEC Chair Gensler as he seeks funding for his regulatory agenda

Gary Gensler, Chair of the US Securities and Exchange Commission, takes his seat before the start of the Senate Banking, Housing, and Urban Affairs Committee hearing on Oversight of the US Securities and Exchange Commission on Tuesday, Sept. 14, 2021. Bill Clark | CQ-Roll Call, Inc. | Getty Images SEC Chair Gary Gensler is testifying … Read more

SEC adds to cryptocurrency regulation staff

Gary Gensler Simon Dawson | Bloomberg | Getty Images The Securities and Exchange Commission announced Tuesday that it will almost double its staff responsible for protecting investors in cryptocurrency markets. The regulator’s Crypto Assets and Cyber ​​team, a unit of the SEC’s broader Enforcement division, will increase its head count by 20 for a total … Read more

21% of adults have traded or used crypto, NBC poll shows

A Bitcoin logo inside a BitBase cryptocurrency exchange in Madrid, Spain, on Thursday, March 17, 2022. Angel Navarrete | Bloomberg | Getty Images One in five Americans has invested in, traded or used cryptocurrency, a new NBC News poll found, another sign that digital assets continue to get more popular even as lawmakers warn of … Read more

Green investing is underperforming, but don’t count it out just yet

Manusapon Kasosod | Moment | Getty Images Investors for the last two years poured money into environmental, social and corporate governance investment strategies. In 2020, net new assets into ESG funds jumped to $ 51.1 billion – more than double the year before. And last year, these funds attracted nearly $ 70 billion in new … Read more

SEC proposes climate disclosure rules as Gensler broadens market oversight

Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), at the SEC headquarters office in Washington, DC, US, on Thursday, July 22, 2021. Melissa Lyttle | Bloomberg | Getty Images The Securities and Exchange Commission on Monday debuted expansive rules that would require publicly traded companies to provide more information on how their … Read more