SEC chair Gary Gensler on Short-term investment funds and Collective investment funds: “There is no limit on leverage, requirement for regular reporting on holdings to investors, or requirement for an independent board.” May 25, 2023 9:28 pm
SEC Chair Gary Gensler: “Though I’m not suggesting that such individual funds areas large as today’s largest banks, as noted in the Federal Reserve’s recent Financial Stability Report, the largest hedge funds by gross asset value have at times on average exceeded 20-to-1 leverage. May 19, 2023 1:15 pm
SEC Chair Gary Gensler: “Many hedge funds are receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied. This might create greater risk in times of stress” May 10, 2023 9:45 pm
SEC Chair Gary Gensler: “While the SEC oversees more than 7,000 public company issuers, there are around 50,000 municipal securities issuers. Strikingly, there are approximately one million different outstanding municipal securities—more than 30 times the number of outstanding corporate bonds.” May 10, 2023 9:40 pm
SEC Alert! SEC Chair Gary Gensler Statement on Current Market Events: “As I’ve said, in times of increased volatility and uncertainty, the SEC is particularly focused on identifying and prosecuting any form of misconduct that might threaten investors, capital formation, or the markets more broadly” May 4, 2023 8:03 pm
Gary Gensler: ‘single-stock ETF may create exposures for investors that in many ways resemble buying shares on margin.’ ‘investing in them is meant to be similar to shorting a stock.’ ‘Though these products are listed or traded on exchanges, they are not necessarily right for every investor.’ December 9, 2022 7:11 pm
Gary Gensler, chairman of the Securities and Exchange Commission, has a net worth of $119 million March 30, 2022 3:22 pm
Gary Gensler: “I’m lowering expectations a bit” – The GameStop ‘Report’ is likely going to be a big nothingburger. September 21, 2021 6:18 pm
