SEC Chair Gensler Warns of Negative Effects of Financial Innovation and Technology Bill on Regulator's Oversight
Wednesday, 22 May 2024, 09:00
SEC Chair Gensler Criticizes House Bill Impact on Crypto and Capital Markets Oversight
SEC Chair Gary Gensler warns against the negative effects of the Financial Innovation and Technology for the 21st Century Act on the regulator's oversight of cryptocurrency and capital markets.
Main Points:
- The proposed bill could undermine the oversight of cryptocurrency and capital markets.
- This could potentially hurt investors and hamper the work of the U.S. Securities and Exchange Commission.
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