SEC Needs More Bodies to Regulate Crypto: Gensler

The transcript discusses the agency's attrition rate, which is consistent with other financial regulators, and highlights the dedication of its workforce. The agency has improved its rankings in employee surveys, now ranking third among midsize agencies. However, there is a need for more resources to effectively regulate digital assets, as the current staff is insufficient to handle the increasing workload.

What is the current attrition rate mentioned in the video, and how does it compare to the past decade?

• 3%, a significant decrease

• 10%, consistent with the past decade

• 5%, the lowest in 10 years

• 6 or 7%, the highest in 10 years

How does the agency's attrition rate compare to other financial regulators?

• Unrelated to others

• Lower than most

• Consistent with others

• Higher than most

What recent achievement did the agency accomplish in employee surveys?

• Ranked first among all agencies

• Ranked third among midsize agencies

• Ranked last in employee satisfaction

• Did not participate in surveys

What is the main challenge the agency faces in regulating digital assets?

• No challenges mentioned

• Too many resources available

• Lack of interest from employees

• Insufficient resources and staff

What does the agency need to effectively manage the increasing workload in digital asset regulation?

• More resources and staff

• Fewer regulations

• More digital assets

• More time