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Gary Gensler has a full agenda as he gets set to take over the SEC


Gary Gensler, then-chairman of the U.S. Commodity Futures Trading Commission (CFTC).

Simon Dawson | Bloomberg | Getty Images

The Senate is expected to confirm Gary Gensler as chairman of the Securities and Exchange Commission on Wednesday, and crypto assets — including bitcoin — are likely high on his agenda.

With Democrats in control of all three major branches of government, and the SEC commissioners now with a 3-2 Democratic majority, Gensler is likely to face calls from progressives to act on several fronts, including ESG, the GameStop fallout, the Archegos fiasco, payment-for-order flow, fiduciary obligations, and especially regulations around securities in the crypto space, including a bitcoin ETF.

A Senate vote on Gensler’s nomination is scheduled for 11:45 a.m. ET.

What’s likely on the top of the list?

Environmental, Social and Governance

GameStop fallout

Archegos ramifications

Payment-for-order flow

Standards of care for broker-dealers

Bitcoin ETF

Digital securities and assets



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