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FILE - In this July 30, 2013, file photo, Gary Gensler testifies on Capitol Hill in Washington.President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing, at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gensler, a chairman of the Commodity Futures Trading Commission during the Obama era, has experience as a tough markets regulator during the financial crisis (AP Photo/J. Scott Applewhite, File)

FILE - In this July 30, 2013, file photo, Gary Gensler testifies on Capitol Hill in Washington.President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing, at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gensler, a chairman of the Commodity Futures Trading Commission during the Obama era, has experience as a tough markets regulator during the financial crisis (AP Photo/J. Scott Applewhite, File)

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