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Showing 1 - 10 of 12 results for "Gary Gensler"

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
Gary Gensler, the chair of the Securities and Exchange Commission (SEC), will leave the regulator on January 20. The SEC has announced Gensler will depart at midday on 20 January 2025, coinciding with the commencement of President-elect Donald Trump's ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... that nearly one-third of task hours could be automated by 2030. But, as US Securities and Exchange Commission chair Gary Gensler recently highlighted, while new technologies often generate buzz, they may also give rise to false claims, possibly presaging ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... stability, forcing novel macro-prudential strategies, according to US Securities and Exchange Commission (SEC) chair Gary Gensler. In a speech at Yale Law School, Gensler described AI as having "tremendous opportunities for humanity," noting that it ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... the ETF market" to purchase them, opening up the cryptocurrency market to a key segment. Nevertheless, SEC chair Gary Gensler emphasised that the approval of Bitcoin ETFs shouldn't be viewed as an endorsement of other crypto assets or the broader ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... the pool. Coinbase failed to register its offers and sales of this staking program as required by law." SEC chair Gary Gensler said it's believed Coinbase commingled and unlawfully offered exchange, broker-dealer, and clearing house functions which ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law," said SEC chair Gary Gensler. "As alleged, Zhao and Binance misled investors about their risk controls and corrupted trading volumes while actively ...

SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022
... establish disclosure requirements for funds and advisers that market themselves as having an ESG focus," SEC chair Gary Gensler said. "ESG encompasses a wide variety of investments and strategies. I think investors should be able to drill down to see ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... investors, including pension funds for teachers, clergy, bus drivers, engineers and other individuals, SEC chair Gary Gensler said. "This case once again demonstrates that even the most sophisticated institutional investors, like pension funds, can become ...

SEC to standardise climate disclosures

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
... their investment decisions, and it would provide consistent and clear reporting obligations for issuers," SEC chair Gary Gensler said. "Our core bargain from the 1930s is that investors get to decide which risks to take, as long as public companies provide ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... the agency's efforts on student loans. Finally, to lead the Securities and Exchange Commission, Biden has nominated Gary Gensler. Gensler served as chair of the US Commodity Futures Trading Commission from 2009 to 2014, leading the Obama-Biden Administration's ...
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