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Gary Gensler’s Assault on U.S. Capital Markets


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Its behind a paywall, so here is a link to get around it :)


Mr. Gensler’s rules face a more certain threat in court. Many may be struck down because of the SEC’s failure to conduct meaningful cost-benefit analysis, as required by its own statute, or because of a rushed agenda without adequate notice and comment, both in violation of the Administrative Procedure Act.

Mr. Gensler often claims that his regulatory agenda is intended to protect retail investors. Instead he is shrinking the U.S. capital markets and reducing opportunities for all investors. Congress and the courts need to rein him in.

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