gensler

SEC Chair Gary Gensler: “Though I’m not suggesting that such individual funds areas large as today’s largest banks, as noted in the Federal Reserve’s recent Financial Stability Report, the largest hedge funds by gross asset value have at times on average exceeded 20-to-1 leverage.

by Dismal-Jellyfish https://www.sec.gov/news/speech/gensler-honest-unbiased-investment-management-05192023#_ftn10 SEC Chair Gary Gensler in speech “Honest and Unbiased Investment Management”: Remarks before the Inaugural Conference on Emerging Trends in Asset Management Highlights Private Funds: Today, nearly 75 years later, the private fund industry has grown to …

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SEC Chair Gary Gensler: “Many hedge funds are receiving the vast majority of their repo financing in the non-centrally cleared market, where haircuts or initial margin requirements are not necessarily applied. This might create greater risk in times of stress”

by Dismal-Jellyfish The Next “Century of Progress”: Remarks before the International Swaps and Derivatives Association Annual Meeting https://www.sec.gov/news/speech/gensler-remarks-isda-051023 Highlights: “Broadly speaking, our proposal would require clearinghouses to ensure that their members bring in all of their repo transactions, both sides …

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SEC Chair Gary Gensler: “While the SEC oversees more than 7,000 public company issuers, there are around 50,000 municipal securities issuers. Strikingly, there are approximately one million different outstanding municipal securities—more than 30 times the number of outstanding corporate bonds.”

by Dismal-Jellyfish Remarks before the Municipal Securities Disclosure Conference https://www.sec.gov/news/speech/gensler-remarks-municipal-securities-disclosure-conference-051023 Highlights: “Based on these authorities, in 1989 the Commission adopted—and as recently as in 2018 amended—Rule 15c2-12.” “The rule ensures that those acting as underwriters of municipal securities confirm that …

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Gary Gensler: ‘single-stock ETF may create exposures for investors that in many ways resemble buying shares on margin.’ ‘investing in them is meant to be similar to shorting a stock.’ ‘Though these products are listed or traded on exchanges, they are not necessarily right for every investor.’

by Dismal-Jellyfish Source: https://www.sec.gov/news/speech/gensler-remarks-iac-120822 Good morning. Once again, it is good to be back with the Investor Advisory Committee. As is customary, I would like to note that my views are my own and that I am not speaking on behalf …

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SEC Considers Routing Equity Trades Into Competitive Auctions, Gensler Says

https://www.wsj.com/articles/sec-considers-routing-equity-trades-into-competitive-auctions-gensler-says-11654705854?mod=Searchresults_pos1&page=1 SEC Considers Routing Equity Trades Into Competitive Auctions, Gensler Says The change would be part of a broader set of changes to the stock market’s plumbing that aim to reduce costs for investors ​ Securities and Exchange Commission Chair …

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