SEC’s Gary Gensler Has a Big, New Vision for the Stock Market. There Are Too Many ‘Inherent Conflicts of Interest.’

 SEC’s Gary Gensler Has a Big, New Vision for the Stock Market. There Are Too Many ‘Inherent Conflicts of Interest.’

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https://www.barrons.com/articles/sec-chief-gary-gensler-stock-market-51630626032


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Securities and Exchange Commission Chairman Gary Gensler.


Melissa Lyttle / Bloomberg

The plumbing of the U.S. stock market, like actual plumbing, tends to operate quietly in the background.

In January, as if a wall had been ripped open, the market’s tangled and decades-old pipes were suddenly exposed to millions of retail investors who had given little thought to them before. They had piled into stocks like GameStop (ticker: GME).

Then,…


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