By Dean Seal (March 2, 2021, 10:19 PM EST) -- President Joe Biden's nominee to lead the U.S. Securities and Exchange Commission, Gary Gensler, vowed Tuesday to take a closer look at the GameStop trading frenzy, climate disclosures and board diversity during a relatively tame Senate hearing on his confirmation.
The U.S. Senate Banking Committee used much of the three-hour virtual hearing to question the former Goldman Sachs executive-turned-financial regulatory hawk on his views about progressive initiatives being floated in the securities industry as well as his plans for addressing the ongoing saga of so-called meme stocks that have seen explosive volatility in recent weeks.
Considered a relatively uncontroversial nominee, Gensler's answers signaled...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!