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News Explorer — US Rep Says He'll Propose Legislation to Remove SEC's Gensler

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Apr 17, 11:10 am

Cointelegraph

US Rep Says He'll Propose Legislation to Remove SEC's Gensler

United States Representative Warren Davidson has declared his intention to introduce legislation to fire the Securities and Exchange Commission (SEC) chair Gary Gensler due to the SEC's latest announcement about revisiting the proposed redefinition of an “exchange.” SEC commissioner Hester Peirce has criticized the new proposed rule amendments, accusing the SEC of using the “notice-and-comment rulemaking process” as a threat.

United States Representative Warren Davidson has declared his intention to introduce legislation to fire the Securities and Exchange Commission (SEC) chair Gary Gensler due to the SEC's latest announcement about revisiting the proposed redefinition of an “exchange.” SEC commissioner Hester Peirce has criticized the new proposed rule amendments, accusing the SEC of using the “notice-and-comment rulemaking process” as a threat.

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