: SEC chief Gensler pledges investigation in wake of bank failures

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The nation’s top securities watchdog said Wednesday that regulators are focused on identifying and punishing misconduct related to last week’s failures of Silicon Valley Bank and Signature Bank.

“History is replete with times when tremors starting at one financial institution or corner of the financial system spill out to the broader economy,” Securities and Exchange Commission Chairman Gary Gensler said at an agency meeting Wednesday. “When this happens, the American public — bystanders to the highways of finance — inevitably…

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