Legal Law

‘Sorry’ Seems To Be The Hardest Word, But You’re Damned Well Gonna Say It If Gurbir Grewal Has Anything To Do With It

Wall Street is well and truly shitting itself over the products of Securities and Exchange Commission Chairman Gary Gensler’s wildly overactive regulatory imagination: Some 49 proposed additions to the rulebook, from retail trading apps to SPACs to disclosure requirements to payment for order flow and beyond. In fact, it might just be enough to distract its attention from Gensler’s top muscle and his own plans to soil pants.

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