It is with no small measure of astonishment that we learn of the return of Mr. Gary Gensler, erstwhile Chair of the U.S. Securities and Exchange Commission, to the hallowed halls of the Sloan School of Management at the Massachusetts Institute of Technology. One might say he has traded the lofty heights of regulatory power for the more genteel pursuits of academia, where the only thing he is likely to regulate is the number of students in his classroom! 🎓
In his new capacity as a professor of practice, Mr. Gensler shall devote his considerable intellect to the study and instruction of such modern marvels as financial technology and the ever-enigmatic artificial intelligence. One can only imagine the delightful discussions that will ensue, as students ponder whether AI might one day replace their professors—or at least their grades! 🤖
Mr. Gensler has expressed his utmost delight and profound honor at this return to the esteemed institution, a sentiment that is surely echoed by the students who will now have the privilege of learning from a man who has navigated the treacherous waters of financial regulation. How fortunate they are! Or perhaps they should be wary, for he left MIT only to ascend to the lofty position of the 33rd chair of the SEC, a role that surely prepared him for the rigors of academic life. 📚
It is worth noting that during his previous tenure at MIT, Mr. Gensler imparted knowledge on the subject of blockchain, leading many in the industry to speculate that he might adopt a more benevolent approach towards cryptocurrencies than his predecessor, Mr. Jay Clayton. Alas, such hopes were dashed as Mr. Gensler continued the tradition of regulation by enforcement, launching new lawsuits against various notable cryptocurrency enterprises, including the formidable trading giant, Coinbase. One must wonder if he will teach his students the fine art of balancing innovation with regulation—perhaps a lesson in irony! 💼
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2025-01-29 09:24