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Fortune
Fortune
Leo Schwartz, Jeff John Roberts

Gary Gensler has remade the SEC into a crypto nemesis and climate warrior. Now a backlash is brewing

(Credit: Drew Angerer—Getty Images)

The two-minute video clip has a low-budget, jittery feel. Quick, clumsy transitions tee up self-consciously cheesy reenactments. The vibe is high school AV club—except for the clip’s narrator. He looks like a stock photo of a bureaucrat, in a dark gray suit jacket and blue dress shirt. His wide-set eyes never look away from the camera; his hands never stop gesticulating. 

The man is the chair of the Securities and Exchange Commission, and as elevator music swells, a title screen reveals this to be another edition of “Office Hours With Gary Gensler.” Normally, these short videos are upbeat explainers on topics from SPACs to offshore shell companies. But this is a special edition about the perils of celebrity-sponsored investment products. (Short summary: Be careful!)

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