TechFlow news, January 18 — Gary Gensler疑似 posted a farewell message on X, stating: Serving as Chair of the U.S. Securities and Exchange Commission has been the honor of a lifetime. Public service is about giving back to our communities—whether local, county, state, or national. I firmly believe capital markets, competition, and common-sense rules benefit both investors and issuers. That’s why the SEC and its staff play a critical role in overseeing markets and ensuring compliance with common-sense rules under U.S. securities laws:
- We reduced costs and risks while enhancing the integrity of our two largest markets—the nearly $60 trillion stock market and the $28 trillion Treasury market;
- We helped improve transparency and integrity in corporate governance at public companies, including implementing new cooling-off periods and other conditions before corporate insiders who may possess material nonpublic information trade their company’s securities;
- We established rules requiring regulated broker-dealers and investment advisers to notify customers of data breaches that could put personal information at risk;
- We laid the groundwork for important debates on the growing use of artificial intelligence in finance;
- We updated rules for equity and Treasury markets to shorten settlement cycles;
- We returned over $2.7 billion to harmed investors.
Add to Favorites
Share to Social Media
