Gary Gensler

Purpose Investments Inc. has secured final regulatory approval from the Ontario Securities Commission (OSC) to launch the Purpose ETF, which will begin trading on the Toronto Stock Exchange (TSX) on Wednesday, June 18, under the ticker XRPP. This marks Canada's first spot XRP exchange-traded fund,...

Christopher Perkins, President of CoinFund and a former Wall Street executive, believes the next chapter of crypto adoption hinges on clarity—regulatory, technological, and strategic. In an interview with Benzinga, Perkins discussed everything from AI-powered networks to staking yields, tokenized...

Former SEC Chair Gary Gensler stated on Wednesday that Bitcoin (CRYPTO: BTC) is driven almost entirely by sentiment rather than fundamentals. Reflecting on the cryptocurrency market, Gensler cautioned investors about the risks associated with assets lacking solid economic grounding, contrasting...

The Managed Funds Association has called on the Securities and Exchange Commission (SEC) to reform or withdraw several regulations implemented during former Chair Gary Gensler‘s tenure, signaling a potential shift in the regulatory landscape under interim Chair Mark Uyeda. What Happened: In a...

Interim SEC Chair Mark Uyeda replaced Biden-era appointee Gary Gensler as the highest-ranking official at the agency following Donald Trump‘s inauguration. Uyeda signaled his intent to change key aspects of the commission on Thursday. What Happened: Uyeda appeared at the Wall Street Journal's...

Forget Bitcoin's (CRYPTO: BTC) rollercoaster ride – crypto traders are already betting on President Donald Trump's next words. The crypto world is on edge as Trump prepares to address industry leaders at the first-ever White House Crypto Summit on Friday. With his recent announcement of a...

Editor’s Note: This story has been updated to include that the SEC declined to respond to Benzinga's request for comment. Gemini co-founder Cameron Winklevoss disclosed Wednesday that the SEC has concluded its investigation into the cryptocurrency exchange with no enforcement action to be...

Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, announced a hiring boycott against the Massachusetts Institute of Technology on Wednesday due to its association with former SEC Chair Gary Gensler. What Happened: In an X post, Winklevoss expressed his disapproval of Gensler’s...

In his final days as SEC Chair, Gary Gensler defended his legacy, emphasizing the agency's focus on regulating the $60 trillion U.S. equity market and addressing systemic issues in capital markets. During an interview with CNBC, Gensler dismissed criticisms that his tenure obstructed the growth of...

Outgoing SEC Chair Gary Gensler on Wednesday warned of the highly speculative nature of the cryptocurrency market, saying the vast majority of the 10,000-15,000 existing crypto projects “will not survive.”  What Happened: In an interview with Bloomberg, Gensler said he has been around...

Consumer Financial Protection Bureau Sues Rocket Homes, Alleges Kickback Scheme The Consumer Financial Protection Bureau sued Rocket Homes, a division of Rocket Companies, Inc. (NYSE:RKT), on Monday in what it said is an action stop the company from providing incentives to real estate brokers and...

Billionaire Elon Musk is facing a deadline to respond to an offer to resolve a SEC case over his buyout of Twitter, now known as X, which he bought for $44 billion in 2022. What Happened: Musk recently shared a letter his lawyer Alex Spiro sent to the SEC over a reported 48-hour deadline to respond...

Editor’s note: This story has been corrected to clarify that a letter from Elon Musk’s lawyer says Musk had 48 hours to accept a SEC settlement offer relative to an investigation into Musk’s purchase of Twitter. The U.S. Securities and Exchange Commission has reopened an...

Entrepreneur Vivek Ramaswamy, who will lead a new "Department of Government Efficiency" in Donald Trump‘s administration joined Tesla CEO Elon Musk in sharply criticizing the SEC following a federal court decision. The Fifth Circuit Court ruled that the SEC acted unlawfully in approving...

Ripple CEO Brad Garlinghouse said on Sunday that the establishment of Fairshake, a cryptocurrency-focused super political action committee, was a direct response to the SEC’s approach toward the industry under Gary Gensler. What Happened: During an interview with CBS News that aired on...