Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Gary Gensler Profile picture
@GaryGensler
Jan 9 • 1 tweets • 1 min read • Read on X
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Gary Gensler

Gary Gensler Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @GaryGensler

Gary Gensler Profile picture
Apr 17
It’s been an honor to serve as @SECGov Chair. Over the past 3 years, I’ve seen firsthand how the incredible staff at the SEC serve investors and issuers alike.

A thread 🧵
We’ve filed more than 2,000 enforcement actions. And @SECGov enforcement actions have resulted in orders for more than $6 billion in civil penalties and more than $6 billion in disgorgement.
We've been working on making our markets more efficient, competitive, transparent, and resilient.

We’ve finalized 38 rules – on Treasury clearing, corporate governance, and money market funds, to name a few.
Read 4 tweets
Gary Gensler Profile picture
Jan 8
A thread 🧵

Some things to keep in mind if you're considering investing in crypto assets:
1⃣ Those offering crypto asset investments/services may not be complying w/ applicable law, including federal securities laws. Investors in crypto asset securities should understand they may be deprived of key info & other important protections in connection w/ their investment.
2⃣ Investments in crypto assets also can be exceptionally risky & are often volatile. A number of major platforms & crypto assets have become insolvent and/or lost value. Investments in crypto assets continue to be subject to significant risk.
Read 4 tweets
Gary Gensler Profile picture
Aug 15, 2023
I believe AI is the most transformative tech of our time, on par w/ the internet & mass production of cars. AI is used in finance for acct openings, compliance programs, trading algorithms, sentiment analysis, & more. It’s fueled change with robo-advisers & brokerage apps.

🧵⬇️
I think AI is going to continue significantly transforming science, technology, & commerce. It is important to focus on the challenges of AI. Given that we’re dealing with automation of human intelligence, the gravity of these challenges is real.
When communications, product offerings, & pricing can be narrowly targeted, producers are more able to find each individual’s maximum willingness to pay a price or purchase a product. With such narrowcasting, there is a greater chance to shift consumer welfare to producers.
Read 7 tweets
Gary Gensler Profile picture
Mar 30, 2023
Today’s markets are not as fair & competitive as possible for individual investors.

To modernize our market system and make it work better for everyone, we made four proposals on key parts of our equity market system.

Please submit comments by tomorrow.
🧵⬇️
1⃣ Best Execution

This rule would set a best execution standard & framework for broker-dealers. It would help ensure that brokers have policies & procedures in place to uphold one of their most important obligations: to seek best execution when trading securities.
2⃣ Order Competition

This rule would req a segment of the equity mkts—mktable orders of individual investors—to be exposed to comp in fair & open auctions. It would promote competition for the orders of individual investors, to the benefit of these investors & our capital mkts.
Read 6 tweets
Gary Gensler Profile picture
Mar 16, 2023
Yesterday, we @SECGov proposed rule amendments and requirements on a few matters.

A thread 🧵⬇️
1⃣ We proposed amendments to require covered firms to notify their customers of data breaches. I support this b/c, through making critical updates to a rule first adopted in 2000, this proposal would help protect the privacy of customers’ financial data.

sec.gov/news/statement…
2⃣ We proposed cybersecurity requirements for broker-dealers, clearinghouses, and other market entities. I support this proposal because, if adopted, it would set standards for these market entities’ cybersecurity practices.

sec.gov/news/statement…
Read 5 tweets
Gary Gensler Profile picture
Jan 30, 2023
The four equity market structure rules that we proposed @SECGov a few weeks ago are out for public comment.

Here's a bit about our proposed rules 👇
Our Best Ex Proposal

This rule would help ensure that brokers have policies & procedures in place to uphold 1 of their most important obligations: to seek best execution when trading securities, whether equities, fixed income, options, crypto security tokens or other securities.
Enhancing Order Competition Proposal

This rule would require a segment of the equity mkt to be exposed to competition in fair & open auctions. It would promote competition for the orders of individual investors, to the benefit of these investors and our capital mkts as a whole.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(