Stewart interviewed Gensler on his podcast 'The Problem with Jon Stewart.'
Jon Stewart, comedian and former host of “The Daily Show,” released an podcast interview he conducted with U.S. Securities and Exchange Commission chair Gary Gensler on Wednesday, where the two talked about the stock market, recent fines levied against Kim Kardashian and how the SEC is oftentimes outgunned.
The SEC can make proposals about new rules it wishes to implement, but Congress is ultimately burdened with writing laws, not the SEC, Gensler explained when Stewart asked if the SEC was doing enough to create equal opportunity for all investors. Like Kardashian, those other celebrities listed were involved in crypto scams at various points over the last few years.
“We are doing both, or all of the above, but within limited resources, and within a judicial system that’s, you know, people have rights, and they are going to challenge us,” Gensler responded. “We could use some more resources, that is for sure. There is 4,500 people that are full-time here. I wish it was more,” Gensler said back in March.
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