It's a Challenge to Keep Up With Technology, Says SEC's Gensler

The video discusses the impact of the 2008-2009 Great Recession and the subsequent technological changes in financial markets. It highlights the challenges faced by regulators like the SEC in keeping up with innovations and questions the adequacy of outdated market rules. The discussion also covers the lack of transparency in stock markets due to dark pools and other non-transparent trading venues.

What was the primary focus of the CFTC during the Great Recession of 2008 and 2009?

• Controlling interest rates

• Managing banking regulations

• Overseeing commodities and futures

• Regulating stock exchanges

What major challenge do regulators face due to technological advancements in the markets?

• Enhancing physical trading locations

• Keeping up with rapid innovations

• Increasing the number of stock exchanges

• Reducing the number of market participants

When was the last significant update to the stock market rules before the 2020s?

• 2015

• 2010

• 2005

• 2000

What percentage of the stock market trades in non-transparent venues?

• Nearly all

• Nearly a quarter

• Nearly a third

• Nearly half

What is the primary concern regarding current stock market rules?

• They are outdated

• They are too strict

• They are too complex

• They are too lenient