1. Senate Confirms Gary Gensler as SEC Chairman

    Senate Confirms Gary Gensler as SEC Chairman

    The Senate voted Wednesday to confirm Gary Gensler as chairman of the Securities and Exchange Commission, paving the way for what could be an ambitious financial regulatory agenda under President Joe Biden. The vote was 53-45. Gensler, who began his career as a banker at Goldman Sachs GS, +2.21% , is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Trading Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented ...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content

    1. I'm concerned he will cause the SEC to use its regulatory powers to advance a liberal social agenda focused on issues such as global warming, political spending disclosures, and racial inequality and diversity.
    2. The surge in the popularity of Special Purpose Acquisition Companies has already attracted the SEC's attention and the SEC's interest in SPACs is likely to grow during Mr. Gensler's term.
    3. Mr. Gensler is an experienced public servant with a strong record of holding Wall Street accountable.
  3. Topics Mentioned

  4. Authors