U.S. SEC chief says new guidelines wanted as tech drives buying and selling: CNBC By Reuters
© Reuters. FILE PHOTO: Commodity Futures Buying and selling Fee Chairman Gary Gensler testifies at a U.S. Senate Banking Committee listening to on systemic danger and market oversight on Capitol Hill in Washington Might 22, 2012. REUTERS/Jonathan Ernst
WASHINGTON (Reuters) – New funding guidelines are wanted to assist shield buyers as social media, apps and different know-how affect buying and selling and monetary markets, the top of the U.S. Securities and Change Fee (SEC) stated on Friday.
Gary Gensler, who took over because the regulator’s chairman final month, stated that whereas buyers can take dangers extra protections are wanted amid the rise in crypto tokens and fierce inventory rallies pushed by on-line posts.
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