News Snapshot:
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021. Evelyn Hockstein | Reuters Thousands of American institutions are struggling to keep business running smoothly with a limited staff in the Covid-19 era. That includes Wall Street’s top regulator, the Securities and Exchange Commission. Chairman Gary Gensler said Wednesday that the SEC is trying to juggle an unprecedented list of financial challenges with a smaller staff. “We are short staffed,” Gensler told CNBC’s “Squawk on the Street.”...
