The question is how will this work out. Who is going to win this chess match?
To me, keep building and make Gensler non-relevant.
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The question is how will this work out. Who is going to win this chess match?
To me, keep building and make Gensler non-relevant.
You bring up the most important aspect here... you cannot let him stop you!
He is fighting the world when you think about it.
All the building is global and he is focused upon US. But the onslaught of decentralized can come from anywhere.
I have a sense things are not going to end well for good old Gary... just give it time.
Thinks will work out extraordinary for him.
No matter how it ends with the #sec, he will get a nice cushy job with some Wall Street firm.
Might head back to Goldman.
Revolving door between regulators and those they regulate in the US.
He stands a strong chance of overplaying his hand... he's a little too brazen, but then again that's how these types roll.