Gensler defends extensive rule-making record in congressional grilling

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler defended the agency’s record of regulation, enforcement, and its rulemaking authority during a contentious hearing before the Senate Committee on Banking, Housing, and Urban Affairs this Tuesday, Sept. 12.

The hearing highlighted the tension between the SEC’s extensive rulemaking under Gensler’s tenure and those who believe it exceeds the SEC’s congressional mandate.