Faisal Mekdad

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Gary Gensler,Chair of the Securities and Exchange Commission (SEC), testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing on "Oversight of the US Securities and Exchange Commission" on September 14, 2021 in Washington, D.C. (Photo by EVELYN HOCKSTEIN/POOL/AFP via Getty Images)

SEC Chairman says regulator is understaffed

The largest Wall Street regulator has been struggling with a staffing shortage. In an interview on Wednesday, U.S. Securities and Exchange Commission Chairman Gary Gensler said his agency was “trying to juggle an unprecedented list of financial challenges with a small staff.” 

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