Wall Street pushes return to office as SEC praises remote work

The SEC sheriff was quizzed on the thorny subject by anchor David Faber, who specifically cited JPMorgan chief executive Jamie Dimon’s efforts to get his bankers back to the office full time.

“It’s Friday in August. Clearly you seem to be home. … I’m one of these ‘I think people are better in the office people.’ I guess I agree with Jamie Dimon. I don’t know where you stand on that but is the SEC back to the office?” Faber said from the CNBC studio.

While Gensler acknowledged a “benefit to being in the office,” he was quick to add SEC staffers were able to be fully remote as long as they wished — and applauded his staff for performing so well at home.

“We’ve worked with our bargaining unit, with the union representatives, we moved to voluntary remote. That’s where we are,” Gensler said. “Compliments to the SEC staff of 4,500 people who have been able to be a cop on the beat.”

Source: Wall Street pushes return to office as SEC praises remote work