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Gary Gensler Sworn In As Member Of The SEC Date
17/04/2021
Gary Gensler was sworn into office today as a Member of the Securities and Exchange Commission by U.S. Senator Ben Cardin. He was nominated to Chair the SEC by President Joseph R. Biden on February 3, 2021 and confirmed by the U.S. Senate on April 14, 2021.
“I feel incredibly privileged to join the SEC’s team of remarkable public servants,” Gensler said. “As Chair, every day I will be animated by our mission: protecting investors, facilitating capital formation, and promoting fair, orderly, and efficient markets. It is that mission that has helped make American capital markets the most robust in the world.”
4/16/2021
By Mark Weinraub
CHICAGO, April 16 (Reuters) - U.S. soybean futures rose on
Friday, gaining ground on corn contracts as the market tried to
entice farmers to boost acreage of the oilseed despite the
yellow grain s rally to its highest in nearly eight years
earlier this week. The last two weeks all the talk has been about the corn and
the dryness and the cold weather, said Mark Gold, managing
partner at Top Third Ag Marketing. Today it is just the beans
saying, Don t forget about us.
Corn futures were steady while wheat weakened on a
profit-taking setback after hitting their highest since March 8
REGULATORY UPDATES
SEC Leadership Changes
On April 14, 2021, the U.S. Senate voted to approve President Biden’s nomination of Gary Gensler as Chairman of the Securities and Exchange Commission (the “SEC”) through June 5, 2021. The vote came after the Senate Banking Committee endorsed Gensler’s nomination in March 2021. The confirmation only approves Gensler to serve the remainder of former SEC Chairman Jay Clayton’s term, though the Senate Banking Committee has cleared Gensler to serve another five-year term afterward. Gensler served as chairman of the U.S. Commodity Futures Trading Commission from 2009 to 2014, and helped to draft the Sarbanes-Oxley Act as senior advisor to U.S. Senator Paul Sarbanes. In a statement, the SEC’s four commissioners said they welcome Gensler “and look forward to working together to execute our vital mission.”
Article content
CHICAGO U.S. soybean futures rose on Friday, gaining ground on corn contracts as the market tried to entice farmers to boost acreage of the oilseed despite the yellow grain’s rally to its highest in nearly eight years earlier this week.
“The last two weeks all the talk has been about the corn and the dryness and the cold weather,” said Mark Gold, managing partner at Top Third Ag Marketing. “Today it is just the beans saying, ‘Don’t forget about us. ”
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