Business Maverick: SEC’s Gensler says crypto exchanges trading against clients

Business Insider

Lean LeftHigh FactualityPrivate Equity: Kohlberg Kravis Roberts

SEC chief Gary Gensler says crypto exchanges are 'market making against their customers'

The SEC chief warned the lack of separations between services like custody, market-making, and providing a trading platform leaves clients vulnerable.

Bloomberg

Lean LeftMixed FactualityWealthy Private Owner: Michael BloombergPrivate Equity: The Vanguard Group

SEC Chief Gensler: Crypto Exchanges Are "Market Making Against their Clients"

TechCrunch

CenterHigh FactualityTelecom: Verizon Communications

SEC chair Gary Gensler takes aim at crypto exchanges for trading against their customers – TechCrunch

Gensler expressed concern that major crypto exchanges are "front-running" customer trades

Daily Maverick

CenterHigh Factuality

Business Maverick: SEC’s Gensler says crypto exchanges trading against clients

The US Securities and Exchange Commission chairman has reiterated that most digital assets fall under his agency’s purview and venues trading them should register with the regulator. The SEC is also beefing up its enforcement efforts.

CryptoPanic

SEC Chair Gary Gensler Says Crypto Exchanges Are Betting Against Their Own Clients: Report

U.S. Securities and Exchange Commission (SEC) chair Gary Gensler says the way crypto exchanges are structured could work to the disadvantage of users. In a new Bloomberg report, Gensler notes that, unlike traditional finance, cryptocurrency exchanges have not set up clear distinctions between...

Blockchain Today

Gary Gensler Finds Crypto Exchanges Trade Against Their Clients

SEC Chair Gary Gensler said he had doubts that crypto exchanges operate according to their clients' best interests.