Gensler Cautions Against Weakening Guardrails for Retail Traders
- SEC chair says adequate disclosures key for market stability
- Gensler has said he plans to depart the agency on Jan. 20
Gary Gensler
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
Outgoing SEC Chair Gary Gensler has a word of caution for the next administration: be careful about messing with the guardrails that protect mom-and-pop traders.
Going too far in rolling back disclosure requirements or broadening the definition of who qualifies as an “accredited investor” could harm the public, Gensler said in an interview Friday.