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Biden s Potential SEC Head Wrote Book Calling Stock Picking a Hoax
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FILE - In this July 30, 2013, file photo, Gary Gensler testifies on Capitol Hill in Washington.President Joe Bidenâs choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing, at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gensler, a chairman of the Commodity Futures Trading Commission during the Obama era, has experience as a tough markets regulator during the financial crisis (AP Photo/J. Scott Applewhite, File) March 02, 2021 - 2:51 PM
WASHINGTON - President Joe Bidenâs choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade more.
Senate vetting Biden s choice for SEC head amid stock drama - Medicine Hat NewsMedicine Hat News
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WASHINGTON (AP) President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street.
Gary Gensler, a chairman of the Commodity Futures Trading Commission during the Obama administration, has experience as a tough markets regulator during the financial crisis. More recently he has been in the academic world. Biden’s selection of Gensler to lead the SEC signals a goal of turning the Wall Street watchdog agency toward an activist role after a deregulatory stretch during the Trump administration.