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Veteran trader Peter Brandt slams SEC chairman Gary Gensler for failing to protect US investors despite heading two top financial regulatory agencies.&nbsp; 
The CEO of Factor LLC and veteran trader Peter Brandt has slammed the chairman of the SEC, Gary Gensler, over his recent tweet.&nbsp; 
In a July 25 tweet, Gensler said the SEC is considering adopting rules to enhance public companies’ disclosure regarding cybersecurity risks management, governance, and incidents.&nbsp; 
Notably, Gensler also attached a short video clip of him telling US investors about the SEC’s obligations towards public companies’ disclosure.&nbsp; 
<h2 id="span-data-preserver-spaces-true-brandt-highlights-gensler-s-failed-history-at-protecting-investors-span">Brandt Highlights Gensler’s Failed History At Protecting Investors </h2> 
Three days after the tweet, Brandt slammed Gensler over his assertions in the video. The veteran trader described the SEC boss as a “power-hungry bald man” with a history of failing to protect US investors. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/GaryGensler?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@GaryGensler</a> <a href="https://t.co/mcZCOhuZOR" rel="noopener noreferrer nofollow">https://t.co/mcZCOhuZOR</a> 
 <a href="https://twitter.com/PeterLBrandt/status/1684889667533987840?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 28, 2023</a> 
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Brandt recounted losing money after three commodity brokers (FCMs) went bankrupt due to fraudulent activities. Brandt said the incident occurred when Gensler was the Commodity Futures Trading Commission (CFTC) chairman.&nbsp; 
Notably, REFCO, MF Global, and Peregrine Financial Group were among the commodity brokers that collapsed when Gensler was the CFTC chair.&nbsp; ... 
<a href="https://thecryptobasic.com/2023/07/28/sec-chair-has-a-failed-history-of-protecting-investors-peter-brandt-fumes/" rel="noopener noreferrer nofollow">Read more</a>

SEC Chair “Has a Failed History of Protecting Investors,” Peter Brandt Fumes

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