5 Takeaways From Gensler's Debut In Congress As SEC Chair

Law360 (May 6, 2021, 10:20 PM EDT) -- Gary Gensler made his first official appearance before Congress as the top U.S. securities cop at a Thursday hearing, ostensibly geared toward so-called meme stock trading, that lawmakers used as a temperature check for the regulatory hawk's policy agenda.

The recently confirmed U.S. Securities and Exchange Commission chairman remained characteristically composed throughout the four-hour hearing before the House Financial Services Committee, answering questions that were occasionally connected to the trading frenzy surrounding GameStop stock in early January and related market volatility.

But the inquiries lobbed at Gensler, a former Goldman Sachs executive who made waves in Washington as the head of...

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