🚨 SEC Slip-Up: Gensler’s Unintentional Market Reassurance 🚨
In a surprising twist, SEC Chairman Gary Gensler’s pre-speech notes were accidentally posted on the SEC’s website, sparking a buzz on social media. The leaked notes offered a peek into Gensler’s strategy to reassure the markets.
Gensler’s notes included a clear message to avoid any fear of a looming crisis: “We need to add a reassuring sentence to prevent misconceptions about an imminent crisis.” He suggested wording that would emphasize stability: “Regulators globally periodically review and test mechanisms. This speech, planned well in advance, reflects my ongoing commitment to both my role as a market regulator and my career within these markets.”
The SEC has since removed the notes, and no further comments have been provided. Stay tuned for the full speech later today! 🗣️📈