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SEC chief Gary Gensler says many crypto tokens are securities and fall under the agency s jurisdiction
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Jun 30 - Robinhood slapped with biggest-ever penalty by Wall Street regulator
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Biden s Wall Street cop is putting Robinhood on notice CNN 5/6/2021 By Matt Egan, CNN Business © Chip Somodevilla/Getty Images Commodity Futures Trading Commission Chairman Gary Gensler testifies before the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building on Capitol Hill July 30, 2013 in Washington, DC. Gensler and Securities and Exchange Commission Chairman Mary Jo White testified and took questions from Senators during the hearing titled, Mitigating Systemic Risk in Financial Markets through Wall Street Reforms. (Photo by Chip Somodevilla/Getty Images)
Gary Gensler, the newly installed chairman of the Securities and Exchange Commission, put Robinhood and Citadel Securities on notice Thursday about a potential crackdown in the Biden era.
are the ones who get left behind. but senator, you guys were in power for the last eight years. why is it that it didn t work for those good americans that you were working americans who u were working for. the republicans had a blocking position. when they didn t have a blocking position, we got the affordable care act through, and when they didn t have acking position, we got through the wall street reforms. but once they had a blocking position in the senate and then in the house, we couldn t get the minimum wage increase. we couldn t get increases into social security. we couldn t get a more progressive tax bill. so, look. i don t want to try to shuffle off off the blame. i think there s plenty that we can, do we should have done, we must do in the future on our side of the aisle. but let s be very clear. the republicans have made their part of the agenda 100% obvious.
privatizing the v.a. and taking away health insurance from tens of millions of people. and maybe making it legal to fire somebody because they re taking birth control. and there is the work of undoing all the wall street reforms, and there is building the border wall, which they say they will start doing the first day they are sworn in. so that s a lot to do. and they suddenly decide they d are willing to work an occasional monday in order to try to get it all done. sweating right now just thinking about it.
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