Gary Gensler
The Reformer
Changing the system from inside it, principle turned into change.
Gary Gensler reads as The Reformer, a designation that fits the temperament he displayed in conversation on The David Rubenstein Show. As former SEC chair, his instinct runs toward scrutiny of systems rather than acceptance of them, treating existing rules as provisional and improvable. His is the leadership of the deliberate challenger, willing to absorb institutional friction in pursuit of what he judges to be a fairer, better ordered arrangement.
“The last time we updated our rules for the equity markets was in 2005, and sixteen years later, those rules that may have been fit for purpose then — are they really ready for the twenties?”
“When the digital algorithms are maximizing for the company's revenues rather than our returns, we're trying to think that through — it's whether there's a conflict between the app and our investment returns.”
“Can we do something that's better for working families or people starting out, saving and investing for their future, and tip the scales a little bit in their favor away from the folks in the middle?”
The David Rubenstein Show: “Gary Gensler”
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