Reuters: Gary Gensler, MIT blockchain professor and Obama's CFTC chair, to head Biden SEC

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: Gary Gensler, MIT blockchain professor and Obama's CFTC chair, to head Biden SEC President-elect Biden has finally decided on his nominee to head the Securities and Exchange Commission.At least according to ' anonymous sourcing in a Tuesday report, Gary Gensler will be Biden's nominee as SEC Chair. During the Obama administration, Gensler was the chairman of the Commodity Futures Trading Commission, in which capacity he was in charge of enforcing the many new provisions of the Dodd-Frank Act that followed the 2008 financial crisis.

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