Well-known investor Peter L. Brandt harshly criticized the current head of the U.S. Securities and Exchange Commission (SEC) Gary Gensler. He posted an angry post on the social network X (formerly Twitter). The expert noted that the chairman of the supervisory authority does not care at all about the protection of investors, contrary to his words.

Brandt stressed that Gensler has a “very bad history” in this matter. The trader called him a layman and noted that all professional market participants know about the incompetence of this person. The expert classified the head of the SEC as a “power-hungry bald man”, turning to personal insults.