SEC Needs More Bodies to Regulate Crypto: Gensler

SEC Needs More Bodies to Regulate Crypto: Gensler

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Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What resources does the agency feel they need more of regarding digital assets?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the agency face in terms of staffing for investigations?

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