WASHINGTON: President-elect Biden Gary Gansler, who heads the Securities and Exchange Commission, has been facing a series of calls from senators since Tuesday to focus on issues ranging from weather reversals at Gamestop. Corpo. Trade frenzy. Progressives, who supported Mr. Gensler’s nomination, hope that the PET regulator will oversee the …
Read More »Trump advisers call for write-offs of US-listed Chinese companies that do not meet audit standards
U.S. Treasury Secretary Steven Mnuchin testifies with Jovita Carranza, Administrator of the U.S. Small Business Administration during the Honors of the First Chamber of Small Business and Entrepreneurship, on the implementation of Title I of the CARES Act on Capitol Hill on June 10, 2020 in Washington, DC to investigate. …
Read More »SEC President Clayton says he’s concerned about trading stocks like Tesla
The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
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