SEC Chair Gensler Grilled on Climate Change, Crypto, and DeFi Regulations.

SEC Chair Gary Gensler faces criticism from corporate America over his 50+ list of new regulatory proposals, including addressing climate change and board diversity, updating rules on best execution and payment for order flow, securities lending, short sale disclosures, shortening the settlement cycle for securities, cybersecurity, and more disclosure on private funds and the advisors around them. The proposed rule on climate change disclosure is facing considerable opposition from the business community and Republicans who claim that it's a back-door means to push a climate change agenda. Crypto enthusiasts have also been frustrated by Gensler's stepped-up enforcement efforts against crypto exchanges and others in the community.