/biz/ - Business & Finance

To those that doubt 2/22 will end with, at the very least, an informal resolution to the currency/security debate, consider this. The lawyers in the SEC do not want to lose any cases. No Chairman of the SEC in their right mind wants to sully the legacy of the institution and add their name to the list of SEC chairpersons that lost a case to a US company. Clayton quit because he knew a loss was coming. Gensler’s confirmation is delayed because he knows a loss is coming. The case will be resolved quickly so that Gensler can start with a clean slate and an untainted record.