DD Support Board and Research Team

[samsamsamiam]

. Many SEC fraud investigators will lose their jobs.

I don’t believe that at all. Gensler was just complaining about a shortage of SEC people. Crypto is bringing plenty of scams out.

https://www.google.com/amp/s/www.cnbc.com/amp/2021/09/15/sec-chair-gensler-says-regulator-is-short-staffed.html

The SEC is 'short-staffed' and it needs more help to tackle everything from crypto to China, Gensler says
PUBLISHED WED, SEP 15 2021 10:41 AM EDT
UPDATED WED, SEP 15 2021 3:44 PM EDT
Thomas Franck
@TOMWFRANCK
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KEY POINTS
SEC Chairman Gary Gensler says Wall Street's top regulator is trying to juggle an long list of challenges with a smaller staff.
Gensler said his team is spread thin investigating fraudulent China-linked companies, managing those looking to enter public markets and monitoring cryptocurrencies.
"We are short-staffed," Gensler told CNBC. "I'd like to at least get back to where we were in 2016 and I think we should probably be 5% or 10% larger than that."