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SEC Chair highlights competition in capital markets in speech

US Securities and Exchange Commission chairman Gary Gensler testifies during a Senate Banking Committee hearing on Capitol Hill.
Photo: Drew Angerer/Getty Images

Thought-provoking remarks following the speech suggest treasury market reform a key focus for the SEC, while books and record requirements remain non-negotiable.

Gary Gensler, chair of the SEC, took center stage at the start of the week at the SIFMA 2024 Annual Meeting in New York and he covered a variety of topics related to the issue of Modernizing Equity Markets. These revolved around equity market structure, clearing, transparency of short sellinghere