😱🫨Gary Gensler's pre-speech notes were released by mistake
The chairman of the #US Securities and Exchange Commission (#SEC ), Gary Gensler, may have been the victim of a major mistake. Some internal correspondence Gensler had with his friends before a speech he was to give today was mistakenly shared on the SEC's website.
"Scope as if we were expecting a crisis" While the relevant unit of the SEC's region is editing Gensler's speech, Gensler is also making some interventions. The SEC chairman suggests an addition at the beginning of the speech or in any section that "will give confidence to the markets" and uses the following expressions:
"I suggest that a sentence be added here or at the beginning of the speech that will give confidence to the markets and will not be understood as if we were expecting a crisis that has recently occurred." Gensler also gives an example of a sentence that should be written: "Regulators around the world periodically check such units and conduct experiments on them. Therefore, I am already planning to give such a speech.
“Not only as a capital markets regulator, but also as someone who has a career in these markets…” The SEC later removed these posts from the site, and there has been no statement or information on the subject since the news was written.