Skip to comments.SEC chair Gary Gensler rushing to unveil big changes amid FTX scandal
Posted on 11/26/2022 6:44:51 PM PST by Oldeconomybuyer
You would think that with the FTX scandal still brewing and investors missing billions of dollars from their supposedly secured crypto accounts, Securities and Exchange Commission chair Gary Gensler would have so much on his plate, he wouldn’t have time to muck around in our capital markets, which are working just fine.
But sources tell me Gensler is doing just that — preparing to unveil plans for the biggest changes in about two decades to the way stocks are routed from buyers to sellers. If Gensler’s timing holds, he will announce (possibly this week) an open meeting for mid-December that will detail his plan to remake the nation’s $46 trillion stock market, as I first reported on Fox Business.
The idea is to jam out his proposed changes — and they’re pretty significant — before year’s end.
Why the rush? The word inside the SEC is that Gensler wants to get much of the work on it done before the new GOP Congress takes over Jan. 3. While a probe of Hunter Biden’s swampy business dealings is high on the list of the incoming committee chairs, Gensler knows he also has a target on his back for his ambitious — some would say zealous — progressive agenda at an agency that has a core mission of protecting investors from being ripped off by scammers.
The Gensler SEC has moved so far beyond this mission that he’s looking to score lefty points and join the Environmental Social Governance bandwagon by forcing companies to disclose non-financial metrics such as how they are reducing their carbon footprint.
(Excerpt) Read more at nypost.com ...
The answer to any Democrat crime is to punish the people who didn’t do it.
I heard one analyst say that FTX was created to give pre-text to the SEC to regulate crypto-currencies.
He’s going to make changes needed to keep the crooked and illegal money flowing to Dems.
ESG = Corporate Fiduciary Negligence
FTX was run by SBF who went to MIT.
FTX had Alameda invest their funds.
Alameda was run by SBF’s girlfriend.
She took amphetamines, had orgies, and isn’t good at Math.
Her father is the Department head of Economics at MIT.
Her father was the head of the SEC’s boss just previous to being at the SEC.
Almost like a plan....
Pretty soon, the SEC will be limiting porn viewing to 4 hours a day instead of the traditional 6. Should lead to another regulatory crisis.
Deep state destruction and regulatory capture of the crypto market
[If Gensler’s timing holds, he will announce (possibly this week) an open meeting for mid-December that will detail his plan to remake the nation’s $46 trillion stock market]
Oh, this should end well.
What could possibly go wrong?
Practice run for CBDC - redo the stock market (somehow)
Just in time for Christmas!!
Laying the groundwork for the CBDC
not sure the evidence is all there as yet, but always worth listening to Natalie Winters:
26 Nov: Geller Report: Cyrpto-Thieves FTX Funded Katie Hobbs Campaign
There is not so much as one column inch in the media about this.
FTX funded a $27 million super PAC, led by a Democrat campaign consultant in Arizona who supported Katie Hobbs...
SCROLL DOWN: video: 2m37s: Natalie Winters on Real America’s Voice
Goes right along with “You will own nothing and we will own everything.”
KS and the WEF are bringing on the Four Horsemen of the Apocalypse
The devil's children think they will win. They won't. They will have a permanent home in the Lake of Fire.
Ah, but they’re too smart to listen to that old, antiquated Word of God in the Bible...
That’s why they’re convinced abortion and homosexuality are just new, cool concepts - nothing could go wrong
Isaiah 28:15 King James Version
15 Because ye have said,
We have made a covenant with death,
and with Hell are we at agreement;
when the overflowing scourge shall pass through,
it shall not come unto us:
for we have made lies our refuge,
and under falsehood have we hid ourselves:
Thats right. Dimocrap regulators dont do their job, and then punish people who did nothing wrong to get more power. Welcome to the oligarchy.
Agustin Carstens General Manager of the Bank for International Settlements.
“Cross border payments - a vision for the future.”
Only 4 hours a day? what will I ever do?
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