Gary Gensler

SEC Chair Gensler Supports Final Rules on Beneficial Ownership

By Gary Gensler October 11, 2023 by Gary Gensler

Today [October 10], the Commission adopted final rules to shorten the deadlines by which beneficial owners of a company — those who own more than 5 percent of the company — must inform the public of their position. I am

…

SEC Chair Gensler Speaks on Updates to the Names Rule

By Gary Gensler September 22, 2023 by Gary Gensler

Today [September 20], the Commission is considering final rules to update the Names Rule. I am pleased to support this rule adoption because it will help ensure that a fund’s portfolio matches a fund’s name. Such truth in advertising promotes

…

SEC Chair Testifies Before U.S. Senate Committee on Banking, Housing, and Urban Affairs

By Gary Gensler September 13, 2023 by Gary Gensler

Good morning, Chairman Brown, Ranking Member Scott, and members of the Committee. Thank you for inviting me to testify today. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange

…

SEC Chair Gensler on New Rules for Private Fund Advisers

By Gary Gensler August 24, 2023 by Gary Gensler

Today [August 23], the Commission is considering final rules related to private fund advisers. I am pleased to support this adoption because, by enhancing advisers’ transparency and integrity, we will help promote greater competition and thereby efficiency in this important

…

SEC Chair Gensler Delivers Remarks on LIBOR Before the Financial Stability Oversight Council

By Gary Gensler August 16, 2023 by Gary Gensler

Thank you, Secretary Yellen. Thank you to all of my colleagues—not only at this table but around the globe—for their hard work putting an end to the London Interbank Offered Rate (LIBOR)

LIBOR was an innovation of the 1970s to

…

SEC Chair Supports Rules on Public Company Cybersecurity Disclosures

By Gary Gensler July 27, 2023 by Gary Gensler

Today [July 26], the Commission is considering adopting final rules regarding cybersecurity disclosures by public companies. I am pleased to support these rules because they will enhance and standardize disclosures to investors with regard to public companies’ cybersecurity practices as

…

SEC Chair Gensler Speaks About the Financial Risks of Artificial Intelligence

By Gary Gensler July 19, 2023 by Gary Gensler

Thank you, Mark, for that kind introduction. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I’m not speaking on behalf of my fellow Commissioners or the

…

SEC Chair Speaks About Proposed Rules on Money Market Funds, Customer Protection

By Gary Gensler July 13, 2023 by Gary Gensler

Today [July 12], the Commission is considering adopting final rules to enhance money market funds’ liquidity and investor protection. I support this adoption because it will enhance these funds’ resiliency and ability to protect against dilution.

Money market funds—nearly $6

…

SEC Chair Gensler Speaks to Investor Advisory Committee

By Gary Gensler June 23, 2023 by Gary Gensler

Good morning. I’m pleased to speak with the Investor Advisory Committee. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of

…

SEC Chair Gensler Speaks Before the Small Business Capital Formation Advisory Committee

By Gary Gensler June 15, 2023 by Gary Gensler

Good morning, everyone. It’s a pleasure to speak with the Small Business Capital Formation Advisory Committee. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am

…

SEC Chair Speaks on New Rules Related to Security-Based Swaps

By Gary Gensler June 8, 2023 by Gary Gensler

Today [June 7], the Commission is considering adopting two final rules related to the security-based swaps markets. I am pleased to support these rules because they will enhance the integrity of the security-based swaps markets.

The 2008 financial crisis had

…

SEC Chair Speaks Before the Investment Company Institute

By Gary Gensler May 26, 2023 by Gary Gensler

As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I’m not speaking on behalf of my fellow Commissioners or the SEC staff.

Investment Company Act of 1940

…

SEC Chair Gensler Speaks on Emerging Trends in Asset Management

By Gary Gensler May 24, 2023 by Gary Gensler

I am pleased to welcome everyone to the Division of Investment Management’s inaugural Conference on Emerging Trends in Asset Management.

As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange

…

SEC Chair Speaks About the Treasury Markets and the Debt Ceiling Discussions

By Gary Gensler May 12, 2023 by Gary Gensler

Good afternoon. I’m pleased to be back for what I’m told is the fifth time speaking before the International Swaps and Derivatives Association (ISDA). As is customary, I’d like to note that my views are my own as Chair of …

SEC Chair Speaks on New Rule for Private Fund Data Collection

By Gary Gensler May 4, 2023 by Gary Gensler

Today [May 3], the Commission considers adopting a final rule amending Form PF, an important tool that the Commission uses to oversee private fund advisers. I am pleased to support the amendments because they will improve visibility into private funds,

…

SEC Chair Gensler Speaks on Updated Rules for Private Funds

By Gary Gensler May 3, 2023 by Gary Gensler

The 1990s was the decade of Michael Jordan and the Chicago Bulls. The Cold War was over. It was the dawn of the internet and the Spice Girls. Seinfeld was on TV. Bill Clinton brought blue jeans and Domino’s delivery …

SEC Chair Testifies Before U.S. House Committee on Financial Services

By Gary Gensler April 24, 2023 by Gary Gensler

Good morning, Chairman McHenry, Ranking Member Waters, and members of the Committee. Thank you for inviting me to testify today. As is customary, I will note that my views are my own, and I am not speaking on behalf of …

SEC Chair Gensler Speaks on Alternative Trading Systems and the Definition of an Exchange

By Gary Gensler April 17, 2023 by Gary Gensler

Today [April 14], the Commission is considering whether to issue a supplemental release to our January 2022 proposal requiring significant trading platforms—including in the Treasury markets—to come under important rules for the markets. I believe this supplemental release would help

…

SEC Chair Testifies on FY 2024 Budget Request Before House Subcommittee

By Gary Gensler April 6, 2023 by Gary Gensler

Good afternoon, Chair Womack, Ranking Member Hoyer, and members of the Subcommittee. Thank you for inviting me to testify today on the Securities and Exchange Commission’s Fiscal Year (FY) 2024 budget request. As is customary, I’d like to note that

…

SEC Chair Gensler Speaks on Requirement to File Electronically

By Gary Gensler March 23, 2023 by Gary Gensler

Today [March 22], the Commission is considering a proposal under the Exchange Act to require broker-dealers and other registrants to submit forms electronically. I am pleased to support this proposal because, if adopted, it would advance the Commission’s efforts to

…