Gary Gensler
Congressman Torres Calls for Investigation into SEC's Approach to Crypto Licensing
The U.S. Securities Exchange Commission (SEC) has been the subject of two separate, independent investigations at the request of Representative Ritchie Torres (D-NY) over its handling of digital assets.
SEC Chairman Gary Gensler Faced with Scrutiny Over Compliance with Federal Recordkeeping Requirements
The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is under scrutiny for alleged noncompliance with federal recordkeeping requirements. This issue has sparked controversy in the crypto world due to the potential implications on regulatory transparency and accountability.
Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits
Former MIT Sloan School of Management student and teaching assistant for Gary Gensler, known only as 'Kenny' on Twitter, has offered insights into the recently filed lawsuits against Binance and Coinbase by the Securities and Exchange Commission (SEC), as well as his personal journey into the world of blockchain and crypto.
Binance Accused of Commingling Customer Funds and Revenue, Says Reuters Report
Binance, the world's largest cryptocurrency exchange, is facing allegations of having commingled customer funds with company revenue in 2020 and 2021, violating U.S. financial rules that mandate the segregation of customer money, according to a special report by Reuters.
Gensler Alleged Crypto Hypocrisy
Gary Gensler, head of the US securities regulator, is facing accusations of hypocrisy from the crypto community after a 2018 video surfaced of him stating that cryptocurrencies are commodities or cash and not securities. Several crypto leaders have expressed their shock and disgust at Gensler's apparent change of stance on the matter.
Legislation Introduced to Remove SEC Chair Gensler from His Role
United States Representative Warren Davidson has announced plans to introduce legislation that would remove SEC Chair Gary Gensler from his role and replace it with an Executive Director that reports to the Board. The move follows the SEC's proposed rule amendments that could bring certain brokers under additional regulatory scrutiny and redefine an "exchange." While Gensler has said the proposed changes could benefit investors and markets, SEC Commissioner Hester Peirce has criticized the move, accusing the regulator of stifling new technology and entrepreneurship. The SEC has faced criticism for using enforcement actions to develop the law on a case-by-case basis, rather than creating clear regulations.
SEC Chief to Testify Before House Committee on Crypto Oversight
SEC chief Gary Gensler will face questioning from the House Financial Services Committee on April 18 regarding his approach toward the crypto ecosystem. The committee will focus on Gensler's rulemaking and approach toward crypto assets and lay down a regulatory sphere for digital assets.
SEC Chair on FTX Collapse: Investors Need Better Protection
SEC Chair Gary Gensler says investors need more protection in the wake of FTX collapse
Ethereum Under Potential SEC Scrutiny after The Merge: WSJ
Ethereum's latest software update may have caught the Securities and Exchange Commission chair's attention to categorize the second-largest crypto as a security.
Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler
US Securities and Exchange Commission (SEC) Chairman Gary Gensler said crypto intermediaries should be registered under the SEC.