According to Odaily, US Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has voiced concerns over a provision in the 2025 fiscal year appropriations bill proposed by the US House of Representatives. He stated that this provision, aimed at preventing enforcement, could directly interfere with cases currently under review in courts across various regions.
The information was disclosed by FOX Business reporter Eleanor Terrett on platform X. Gensler's comments highlight the potential impact of legislative decisions on the operations of regulatory bodies such as the SEC. The specifics of the provision and the cases it could potentially affect were not detailed in the report.
This development underscores the ongoing tension between regulatory bodies and legislative authorities, particularly in the context of financial oversight. It also raises questions about the potential implications for the SEC's enforcement capabilities and its ability to effectively regulate securities markets.