Securities and Exchange Commission

Securities and Exchange Commission

SEC’s Gary Gensler aims to save investors money by squeezing Wall Street’s profit margins

Wall Street’s new overseer has outlined an aggressive regulatory agenda that threatens to squeeze the financial industry’s profit margins. Securities and Exchange Commission Chairman Gary Gensler is working on tougher rules for high-speed trading firms, private-equity managers, mutual funds and online brokerages. Mr. Gensler, less than ...Read More

SEC threatens to sue Coinbase, CEO calls it ‘really sketchy behavior

The Securities and Exchange Commission has threatened to sue Coinbase if it goes ahead with plans to launch a new product that allows users to earn interest by lending crypto assets — with the company’s CEO accusing the regulator of “really sketchy behavior.” The crypto exchange said Tuesday night that ...Read More

SEC Chair Gary Gensler tells Sen. Elizabeth Warren that the SEC needs more regulatory authority over crypto

Sen. Elizabeth Warren is keeping up the pressure to rein in cryptocurrency exchanges. On Wednesday she released the letter Securities and Exchange Commission Chair Gary Gensler wrote in response to her July 7 inquiry that he address the highly opaque and volatile cryptocurrency market and ...Read More

Ripple CEO says US regulators’ claim that there is clarity in crypto is like that of an addict in denial

Ripple chief executive Bradley Garlinghouse said US regulators’ belief that there is already a lot of clarity around cryptocurrencies was like an addict’s belief that they don’t have a problem. Garlinghouse, whose company’s XRP token is at the center of a lawsuit launched by ...Read More