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SEC Chair Gensler Suggests Lummis-Gillibrand Bill May ‘Undermine’ Market Protections

The regulator warned the bill might enable stock exchanges and mutual funds to escape SEC oversight.

Updated May 11, 2023, 5:01 p.m. Published Jun 14, 2022, 7:12 p.m.
SEC Chair Gary Gensler (Alex Wong/Getty Images)
SEC Chair Gary Gensler (Alex Wong/Getty Images)