What to expect from the new chair of the SEC
President-elect Joe Biden is tipped to nominate Gary Gensler - former Goldman Sachs partner and ex-head of the Commodity Futures Trading Commission - as the new Chair of the Securities and Exchange Commission. What should we expect?
Back in 2016, US Senator Bernie Sanders opposed the confirmation of Gary Gensler as head of the Commodity Futures Trading Commission (CFTC) - the government department that regulates the country’s derivatives markets. But in the end, Gensler’s tough approach to implementing the D…
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