U.S. Securities and Exchange Commission Chair Gary Gensler’s overly aggressive rulemaking agenda, in areas such as predictive data analytics, will harm U.S. capital markets, House Republicans said Thursday. 

“Chair Gensler’s rush to implement his unprecedented rulemaking agenda is jeopardizing the health of our capital markets and the hard-earned dollars that millions of Americans have invested in them,” said Rep. Ann Wagner, R-Missouri, and chair of the House Financial Services Subcommittee on Capital Markets. “Second, the SEC has significantly curtailed public comment periods for proposed rules, at times even overlapping them with major holidays.”

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