US Regulators Seek to Bolster Competition and Stability in Treasury Markets
-
US regulators aim to improve resiliency and competition in Treasury markets.
-
SEC Chair Gary Gensler says SEC, Treasury Dept, and Federal Reserve are committed to this goal.
-
Gensler points to past periods of instability in Treasury markets.
-
These include the "Flash Crash", early COVID-19 pandemic, and regional banking crisis this year.
-
Regulators believe more competition and resiliency are needed in Treasury markets.