U.S. Senators Thom Tillis (R-NC), Mike Crapo (R-ID), Tim Scott (R-SC), Mike Rounds (R-SD), Bill Hagerty (R-TN), and Steve Daines (R-MT) recently sent aletter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler questioning the operational integrity of the SEC following the recent release of the SEC Inspector General’s Statement on the SEC’s Management and Performance Challenges. Specifically, the report outlined a number of serious and systemic management issues that, if unaddressed, could significantly impact the ability of the SEC to effectively regulate U.S. markets.
