SEC’s Gensler Warns of Stability Risks in Leveraged Treasury Trades
- SEC chair cites frequent jitters in US government bond market
- Wall Street regulator has proposed a plan to boost oversight
Gary Gensler during an interview in Washington, on July 27.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Wall Street’s top watchdog is re-invigorating his push to boost regulation of leveraged trading in US Treasuries, which he says poses an acute risk to financial stability.
During a wide-ranging interview at Bloomberg’s Washington bureau, Securities and Exchange Commission Chair Gary Gensler rang alarm bells over the amount of leverage in US government bond trading. He touted regulations that the agency had proposed to enhance oversight.