Gensler's Ambitious SEC Agenda Faces Pushback
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Gensler has remade the SEC into an aggressive regulator, pursuing high-profile cases against crypto companies, Kim Kardashian, and others to draw attention.
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He has proposed ambitious rules on climate disclosures and trading reforms, but faced industry pushback and struggles to get them finalized.
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His battles with the crypto industry have increased scrutiny over whether cryptocurrencies should be regulated as commodities or securities.
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Gensler's intensity has led to low staff morale at the SEC, as well as conflicts with other agencies like the CFTC.
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With courts trending conservative, lawsuits brought by or against Gensler's SEC risk limiting the agency's powers if it loses key cases.