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Gensler’s Next Move Revealed After SEC Exit

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Wed, 29/01/2025 - 6:06
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Gensler’s Next Move Revealed After SEC Exit
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Former U.S. Securities and Exchange Commission Chair Gary Gensler has returned to the Sloan School of Management at Massachusetts Institute of Technology (MIT) as a professor of practice following his departure from the agency. 

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Gensler's work will center around teaching and researching such topics as financial technology and artificial intelligence (AI). 

The former SEC boss said that he was "thrilled" and "honored" to return to the prominent business school.

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Gensler left MIT after being nominated and confirmed as the 33rd chair of the SEC.

Given that he previously taught classes on blockchain, some industry members expected him to adopt a friendlier stance toward cryptocurrencies than his predecessor Jay Clayton. 

However, Gensler continued Clayton's regulation by enforcement policies, bringing new lawsuits against various prominent cryptocurrency companies, including trading giant Coinbase.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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