With Democrats in control of all three major branches of government, and the SEC commissioners now with a 3-2 Democratic majority, Gensler is likely to face calls from progressives to act on several fronts, including ESG, the GameStop fallout, the Archegos fiasco, payment-for-order flow, fiduciary obligations, and especially regulations around securities in the crypto space, including a bitcoin ETF.
A Senate vote on Gensler’s nomination is scheduled for 11:45 a.m. ET.
What’s likely on the top of the list?
‘Enforcement 40’ for 2020
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