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In this June 19, 2012, file photo, then Commodity Futures Trading Commission Chairman Gary Gensler testifies before the House Financial Services Committee on Capitol Hill in Washington. The Senate has approved President Joe Biden’s choice of Gensler to head the Securities and Exchange Commission, signaling an emphasis on investor protection for the Wall Street watchdog agency after a deregulatory stretch during the Trump administration. (AP Photo/Jacquelyn Martin)

In this June 19, 2012, file photo, then Commodity Futures Trading Commission Chairman Gary Gensler testifies before the House Financial Services Committee on Capitol Hill in Washington. The Senate has approved President Joe Biden’s choice of Gensler to head the Securities and Exchange Commission, signaling an emphasis on investor protection for the Wall Street watchdog agency after a deregulatory stretch during the Trump administration. (AP Photo/Jacquelyn Martin)

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