“Imminent Crisis”: SEC Slip-Up Drops Hints at Fresh Financial Fears, Then Gets Quickly Deleted

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The SEC accidentally published internal commentary along with a speech by Chair Gary Gensler, which included a recommendation to reassure markets that there was no “imminent crisis”. This internal comment was quickly deleted from the SEC’s website, but not before it was archived.

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The speech by Mr. Gensler addressed financial crises, bank restructurings, and the importance of public disclosures. The concern was that discussing the solvency of financial institutions might be interpreted negatively by the markets. This slip-up indeed reveals some anxiety among regulators about how their messaging might be perceived.

Source:

dailyreckoning.com/sec-slip-up-hints-at-fresh-financial-fears/

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