Gary Gensler Focuses on Crypto Trading Platforms in Senate Hearing

WASHINGTON—Securities and Exchange Commission Chairman Gary Gensler told lawmakers Tuesday that he was taking a hard look at cryptocurrency trading platforms and firms that pay to execute individual investors’ trades while also calling for more funding for the regulatory agency.

Mr. Gensler appeared before the Senate Banking Committee to outline a far-reaching policy agenda that would shake up some Wall Street firms’ business models and require heftier disclosures from public companies.

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