Brian Chappatta, Columnist

A Big Bond Market Headache, Courtesy of the SEC

Chair Gary Gensler wants to bring greater efficiency and transparency to debt trading, but an updated rule could do just the opposite.

September 16, 2021 at 6:00 AM EDT

By Brian Chappatta

Brian Chappatta is managing editor of Bloomberg News' wealth group. He was previously team leader of billionaires coverage in the Americas. Before that he was a Bloomberg Opinion markets and finance columnist and a bonds reporter for Bloomberg News.

SEC Chair Gary Gensler wants to find ways to “bring greater efficiency and transparency” to trading debt. — SEC Chair Gary Gensler wants to find ways to “bring greater efficiency and transparency” to trading debt.
Photographer: Bill Clark (pool)/Getty Images

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U.S. Securities and Exchange Commission Chair Gary Gensler made waves in the fixed-income market earlier this week, signaling that he wants to find ways to “bring greater efficiency and transparency” to trading debt.

Yet beneath the surface, the regulator is just days away from potentially causing serious disruptions in those same bond markets.

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE