NPR

Why Wall Street's top cop thinks it's time to get tough

In a recent interview with NPR, S.E.C. Chairman Gary Gensler says one of his top priorities is protecting amateur investors as his agency unveils a number of tough new rules and investigations.
U.S. Securities and Exchange Commission Chairman Gary Gensler testifies before the Senate Banking Committee on Sept. 14 in Washington, D.C. Gensler discussed his approach to the job in a recent interview with NPR.

In his new job as Wall Street's top cop, Gary Gensler often thinks about one of his grandfather's favorite aphorisms.

"Ellis Tilles would say, 'Figures don't lie, but liars sure can figure," Gensler told NPR in a recent interview, noting that his grandfather immigrated to the U.S. from Lithuania at age 17.

The chairman of the U.S. Securities and Exchange Commission first heard that adage when he was a kid, growing up in Baltimore.

And although he didn't know his grandfather well,that saying has become a kind of guiding principle as he vows to bring

You’re reading a preview, subscribe to read more.

More from NPR

NPR3 min read
Taiwan's New President Urges China To Stop Its Military Intimidation
Taiwan's new President Lai Ching-te in his inauguration speech has urged China to stop its military intimidation against the self-governed island Beijing claims as its own territory.
NPR3 min read
Hold On To Your Wishes — There's A 'Spider In The Well'
There's trouble in the town of Bad Göodsburg! A wishing well has stopped working! NPR's Tamara Keith talks with Jess Hannigan about her new children's book, "Spider in the Well."
NPR2 min read
The Jawbone Of Washed-up Whale In New Zealand Was Removed With Chainsaw And Stolen
The jawbone of a nearly 50-foot sperm whale that washed ashore in New Zealand's southernmost region has been removed. While the act is illegal, it's also considered disrespectful to the Māori people.

Related Books & Audiobooks