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Biden Moves to Revamp the SEC & CFTC

February 8, 2021 by Eugene Grygo

Biden Moves to Revamp the SEC & CFTC

President Joe Biden appears to be getting the SEC and CFTC that he wants after a bumpy transition period, and a rush of departures as the new team takes over. For starters, the Biden team has nominated Gary Gensler, the former chairman of the CFTC, to be the next chairman of the SEC. Gensler served… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Governance, Blockchain/DLT, Standards, Opinion, Minding the Gap, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: back office, CFTC, compliance, Dodd-Frank, Joe Biden, Minding the Gap, regulatory reporting, SEC, wall street

Biden Team Nominates Gensler to Be SEC Chairman

January 20, 2021 by Eugene Grygo

Biden Team Nominates Gensler to Be SEC Chairman

Gary Gensler, the former chairman of the CFTC, has been nominated to be the next chairman of the SEC by the incoming administration of President-elect  Joe Biden. Gensler served as CFTC chairman from May 26, 2009, to January 3, 2014, and oversaw an overhaul and expansion of the regulator’s control over derivatives trading, especially swaps…. Read More >>

Filed Under: Securities Operations, Buy-Side, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, Governance, Artificial Intelligence, Back-Office, Blockchain/DLT, Integration, Standards, Performance Measurement, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Cybersecurity, Derivatives, Regulatory Reporting, Economic Sanctions Tagged With: artificial intelligence (AI), CFTC, cryptocurrencies, cryptocurrency exchanges, digital currency, Dodd Frank Act, Dodd-Frank Wall Street Reform and Consumer Protection Act, Gary Gensler, Joe Biden, Sarbanes-Oxley, SEC

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