The nation’s prime securities watchdog mentioned Wednesday that regulators are targeted on figuring out and punishing misconduct associated to final week’s failures of Silicon Valley Financial institution and Signature Financial institution.
“Historical past is replete with instances when tremors beginning at one monetary establishment or nook of the monetary system spill out to the broader financial system,” Securities and Change Fee Chairman Gary Gensler mentioned at an company assembly Wednesday. “When this occurs, the American public — bystanders to the highways of finance — inevitably…