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Category: Gary Gensler

Just-In: SEC Chair Gary Gensler Testify on GameStop Trading Saga, Talks About Regulating Crypto Market

SEC chairman Gary Gensler along with several other financial experts testified before the Financial Services Committee about the recent GameStop fiasco that led to the involvement of Congress in February this year.  Gensler talked about the need for better regulations to counter social-media-fueled trading activity and ensure consider protection. The SEC chief in his testimony

The post Just-In: SEC Chair Gary Gensler Testify on GameStop Trading Saga, Talks About Regulating Crypto Market appeared first on Coingape.

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New SEC Chief Says Rules Need to be Updated to Counter Social Media Manipulation of Markets

Gary Gensler, the new SEC chief in a recent interview with CNBC talked about the need of updating regulations to counter the growing trend of social media manipulation of financial markets. The social media frenzy started this year with the GameStop short squeeze where a Reddit group by the name of wallstreetbets, that led to

The post New SEC Chief Says Rules Need to be Updated to Counter Social Media Manipulation of Markets appeared first on Coingape.

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