US SEC Chairman Gensler Supports Diversification of Treasury Clearing Houses
Wednesday, 5 June 2024, 15:27
US SEC Chairman Gensler Supports Diversification
In a recent statement, US Securities and Exchange Commission Chairman Gensler expressed his support for embracing competition among multiple clearing houses for Treasuries.
Enhanced Transparency and Efficiency
Gensler believes that diversifying the options for clearing houses will enhance transparency, efficiency, and resilience in the market, ultimately benefiting investors and the economy.
Promoting Competitiveness and Resilience
With this move, the SEC aims to promote a more competitive and robust financial infrastructure in the Treasury market.
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