SEC Chair Gary Gensler recently gave a speech which was uploaded to the agency’s website, and it seemed more like a possible farewell speech. He discussed the SEC’s mission, praised the agency’s staff, and mentioned the importance of a well-regulated financial environment that has helped America’s economy succeed for the past 90 years.
Gensler also talked about crypto assets and how they are likely securities that must adhere to federal securities laws. In addition, there is speculation about Gensler’s future since Trump is likely to become President, and there is a possibility that Gensler may be removed from his position and replaced with someone from the crypto industry.
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