“Everyone should expect that a Gensler SEC will be under pressure from Capitol Hill to distinguish itself from a Clayton SEC by being perceived as tougher and smarter,” said Joseph Grundfest, a professor of law and business at Stanford University and a former SEC commissioner.
Mr. Gensler, who is teaching courses on financial technologies at the Massachusetts Institute of Technology, will likely bring new ideas on how to detect patterns and issues in enforcement or examination work, lawyers said. To increase the SEC’s enforcement powers, Mr. Gensler is expected to ask Congress for more resources, lawyers said.
‘Enforcement 40’ for 2020
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