SEC Chair Gary Gensler isn’t quitting the SEC, but his X posts initially tricked many into believing he was.
The United States Securities and Exchange Commission chair Gary Gensler duped more than a few X users into believing he was resigning from the SEC on Wednesday — before saying he’s “not done.”
“It’s been an honor to serve as Chair. Over the past 3 years, I’ve seen firsthand how the incredible staff at the SEC serve investors and issuers alike.”“Would be like highlighting number of incarcerations. Lack of focus,” he added.the platform’s crypto community “managed to score a couple of helthy ratios already.” A ratio is when a reply post garners more engagement — such as likes or shares — than the original post it replied to.
In this case, Gensler’s post received around 1,700 likes, but some responses have racked up more than three times that.U.S. President Joe Biden nominated Gensler to chair the SEC in 2021. Gensler started his five-year tenure on April 17, 2021, and could serve as chair until April 17, 2026. It is, however, custom for the SEC chair to resign if the U.S. elects a new president and Americans are heading to polls on Nov. 5 to vote on a
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