Gensler: Extending trading around-the-clock is good for getting greater transparency - part 2/2
December 18, 2025 • 6m 10s
Gary Gensler (Former Chairman)
00:00.821
look
it
it's
interesting
all
capital
markets
have
a
feature
of
prediction
we
predict
the
price
of
a
stock
or
its
earnings
economic
predictions
we
predict
the
price
of
corn
or
wheat
and
that's
important
for
farmers
and
merchants
to
hedge
their
risk
i
think
that
there's
two
issues
Gary Gensler (Former Chairman)
00:20.421
one
is
is
it
well
regulated
with
transparency
and
we
we
protect
against
fraud
and
so
forth
and
two
and
this
is
a
long
held
view
is
if
if
it's
hard
to
ensure
for
the
integrity
of
the
market
and
it's
harder
to
ensure
for
the
integrity
in
things
around
sports
and
around
politics
Gary Gensler (Former Chairman)
00:43.121
and
it's
just
it's
trickier
and
and
so
i
think
that
it's
really
important
to
make
sure
that
we
don't
undermine
either
our
political
system
or
our
sport
system
in
these
prediction
markets
but
we
have
to
recognize
we
have
prediction
markets
for
weather
events
and
that's
probably
a
Gary Gensler (Former Chairman)
01:06.361
helpful
thing
for
people
to
hedge
severe
weather
risk
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