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Gary Gensler (born October 18, 1957) is an American government official and former Goldman Sachs investment banker serving as the chair of the U.S. Securities and Exchange Commission (SEC). Gensler previously led the Biden–Harris transition 's Federal Reserve, Banking, and Securities Regulators agency review team. [2]
May 10, 2024 · Gary Gensler was nominated by President Joseph R. Biden to serve as Chair of the U.S. Securities and Exchange Commission on February 3, 2021, confirmed by the U.S. Senate on April 14, 2021, and sworn into office on April 17, 2021. Before joining the SEC, Gensler was professor of the Practice of Global Economics and Management at the MIT Sloan ...
Dec 13, 2021 · GARY GENSLER: My grandfather, who I didn't really know, had a old saying. He was a Lithuanian Jew who emigrated here as a 17-year-old. But Ellis Tilles (ph) would say, figures don't lie, but liars ...
- David Gura
- Early Life and Education
- Government Service
- Chair of The Sec
- Notable Accomplishments
Gensler was born on Oct. 18, 1957, in Baltimore, where he would later serve as chair of the Maryland Financial Consumer Protection Commission. He received an undergraduate degree in economics in 1978 and an MBA in 1979, both from the Wharton School at the University of Pennsylvania. He began his career in 1979 at Goldman Sachs, where he became a pa...
During the Clinton administration Gensler served as Assistant Secretary of the Treasury and Undersecretary of the Treasury for Domestic Finance. Gensler was a senior advisor to U.S. Senator Paul Sarbanes in writing the Sarbanes-Oxley Act of 2002. Gensler served as chair of the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014 under...
During his first year as chair of the SEC, Gensler addressed cryptocurrency oversight, insider trading, share buybacks, money market funds, and special purpose acquisition companies (SPACs). As SEC chair he has expanded the whistleblower program, established under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Gensler is a recipient of both the Alexander Hamilton Award, the U.S. Treasury’s highest honor, and the 2014 Frankel Fiduciary Prize.
May 22, 2024 · The Financial Innovation and Technology for the 21st Century Act (“FIT 21”) would create new regulatory gaps and undermine decades of precedent regarding the oversight of investment contracts, putting investors and capital markets at immeasurable risk. First, the bill would remove investment contracts that are recorded on a blockchain from ...
Apr 17, 2021 · Washington D.C., April 17, 2021 —. Gary Gensler was sworn into office today as a Member of the Securities and Exchange Commission by U.S. Senator Ben Cardin. He was nominated to Chair the SEC by President Joseph R. Biden on February 3, 2021 and confirmed by the U.S. Senate on April 14, 2021. “I feel incredibly privileged to join the SEC’s ...
Apr 16, 2022 · By Ephrat Livni. April 16, 2022. Almost exactly one year ago, Gary Gensler was confirmed as chair of the Securities and Exchange Commission. The Senate approved him in a 53-to-45 vote, with nearly ...
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