Ahead of a Tuesday hearing where all five SEC commissioners will testify before the House Financial Services Committee, Republican Commissioner Mark Uyeda tells FOX Business the agency must shift away from Gensler's 'progressive regulatory agenda' and become more 'constructive'.
As the House Financial Services Committee prepares to grill all five members of the Securities and Exchange Commission, including Chairman Gary Gensler , on Tuesday, FOX Business has received an exclusive preview of what might go down from Commissioner Mark Uyeda , one of two Republicans on the Democratic-majority agency that serves as Wall Street's top cop. The House Financial Services Committee oversees the SEC and typically holds an oversight hearing once a year with the chair.
"We should take a hard look at policies that permit a small number of proxy advisers and asset managers to effectively control public companies. The commission must empower entrepreneurs to build businesses, create jobs and innovate by focusing on capital formation.
Securities And Exchange Commission Gary Gensler Mark Uyeda Regulation Crypto
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