Law \ Legal

Safest Investment In The World To Get Safer To Trade

If you thought completely tearing out and redoing the entire vast plumbing system underlying U.S. equities trading—in addition to insisting on quicker settlements—was enough for Gary Gensler, or really any Securities and Exchange Commission chair, to undertake in his term, then you don’t know Gary Gensler. And you probably also thought that, what with all the new disclosure requirements covering fees and activists were enough punishment for the hedge and private equity fund industries, then you really don’t know Gary Gensler. Because in the fractured, muddled and seemingly banal world of trading those most banal securities—U.S. Treasuries—he’s found a way to combine those two interests.

Source link