At yesterday's “SEC Speaks” conference from
PLI, SEC Chair Gary
Gensler and Commissioners Allison Herren Lee,
Elad
Roisman and Caroline
Crenshaw all delivered remarks on different topics.
Gensler discussed the use of predictive digital analytics in
finance, Lee examined the explosive growth of the private markets
and proposed to address the lack of transparency by revising how we
define “holders of record” under Section 12(g), Roisman
focused on the SEC's past efforts to facilitate capital
formation by reviewing and streamlining existing regulation, and
Crenshaw discussed crypto and the need for a meaningful exchange of
ideas between innovators and regulators.
Chair Gensler. Gensler has previously discussed
his concerns about predictive data analytics, for example,
in testimony before
the Senate Committee on Banking, Housing, and Urban Affairs this
past September. Here, he discussed the ability of finance platforms
to “tune their marketing and make
