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US SEC regulatorCoinGape
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62% Informative
US SEC Chair Gary Gensler 's leaked memo suggests the Commission tried to downplay current market crisis.
Memo shows a part of a speech from the SEC Chairman Genslers ' planned speech.
It was “strongly recommended” that the SEC Chair make a sentence to show that his speech does not mean “there is an imminent crisis.” This advise has sparked speculations that shows the market might have more turmoil than meets the eye. While the signs are there, the US stock market flashed recession signs again over the weekend .
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