FSI Statement on Senate Confirmation of Gary Gensler for SEC Chair

Today, Financial Services Institute (FSI) President & CEO Dale Brown released this statement following the U.S. Senate’s vote to confirm Gary Gensler as the next Chair of the Securities and Exchange Commission: 

“We congratulate Gary Gensler on his confirmation as Chair of the SEC. His breadth of industry and regulatory experience will be valuable in guiding the SEC and expanding upon its recent accomplishments, including the implementation of Regulation Best Interest. We encourage Chairman Gensler to build upon Reg BI’s success and preserve its effectiveness for both financial advisors and the Main Street Americans they serve. We also ask that he ensures the Commission provides clear, consistent rulemaking and enforcement that is workable for all stakeholders. We look forward to working with Chairman Gensler toward our shared goals of investor protection and effective regulations.”