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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" – Investment Watch

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" – Investment Watch
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The Next "Century Of Progress": Remarks Before The International Swaps And Derivatives Association Annual Meeting, SEC Chair Gary Gensler, Washington D.C., May 10, 2023

<p><span>Good afternoon. I&rsquo;m pleased to be back for what I&rsquo;m told is the fifth time speaking before the International Swaps and Derivatives Association (ISDA). As is customary, I&rsquo;d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners or the staff.</span></p>

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