In his final days as SEC Chair, Gary Gensler defended his legacy, emphasizing the agency’s focus on regulating the $60 trillion U.S. equity market and addressing systemic issues in capital markets.
During an interview with CNBC, Gensler dismissed criticisms that his tenure obstructed the growth of new technologies like crypto, stating that the SEC’s primary responsibility is investor protection.
“Within the first few months on the job, we launched Bitcoin futures-based ETFs and implemented key reforms for capital markets,” Gensler said, responding to claims that the SEC had hampered innovation in the crypto space.
He highlighted the SEC’s …
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