The obvious question is whether Mr Gensler is biting off more than he can chew. His background, equal parts poacher and gamekeeper, should help him. After 18 years at Goldman Sachs, the last ten as a partner, he worked in the Treasury and helped write the Sarbanes-Oxley reforms after the implosion of Enron, an energy firm, in 2001. what do you think As head of the Commodity Futures Trading Commission ( ), which regulates derivatives, he saw off an attack from the giant over-the-counter swaps industry, forcing it onto more highly regulated platforms. Being a good communicator should also help. Mr Gensler understands that winning the argument means boiling the message down to simple analogies that most punters (and senators) can grasp. Under him, the is even using social media to good effect. When the boss of Coinbase professed shock that a lending product could be classed as a security, a knockout post the commission archly tweeted a 30-second guide to how bonds work. Good one. But Mr Gensler can expect fierce lobbying against more red tape. He may also have to fight turf wars with other regulators; the wants a piece of the action in digital currencies. And then there are the politicians. Regulation-friendly Democrats have the upper hand in Congress but some people are queasy about a big expansion of the ’s authority, given its patchy record: think of all the scandals, from Enron to Bernie Madoff, unearthed not by the regulator but by outside sleuths. Mr Gensler also needs more money. At $2bn, his budget is smaller than JPMorgan Chase’s annual spending on marketing. But the increase pencilled in for 2022 is just 5%.https://www.economist.com/finance-and-economics/2021/09/18/operation-tame-finance
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I’m aware that they might not be easy to find at the moment in the USA, but we’re actively working on rebuilding our distribution and service network in the USA. — Maxime Brunand, Mavic road category manager No worries to buy any other tire brand. We NEVER said to only use Mavic ones; this is the best combination but not a compulsory mount. He can buy either a TL (tubeless) compatible one, as brands are now supposed to comply with the ISO international norm (ISO4210-4775/ETRTO), if Steve wants to get all the benefits from running without a tube. Or he can also mount a [standard] tube tire tire (still no need for rim tape) as anyhow our rim diameter is following the norms. Here is some additional info — a video of how to mount a tubeless tire , following the right tips. Mavic’s US subsidiary shut down back in 2020 due to the under-administration period and ownership change. We’re still in the process to re-open one in the USA but facing many constraints. Nevertheless, we’ve started again to service our customers through the contact page . We apologize for this situation that is not reflecting our will to provide correct support. Your questioner asks about steel frame industry standards and suggests he will “probably” be ordering Reynolds 953 tubed frame. Though I prefer Columbus for my stainless builds the Reynolds 953 is also stainless steel thus holes for internal transmission would not provide opportunities for corrosion. This point seems to be missed in your answer to the query. Thanks for your years of maintenance documentation, as I provide some of my customers with a copy so they can at least begin to maintain their new bikes and understand the nuances of Bike Maintenance. Thanks for pointing that out. Indeed, if he does choose Reynolds 953 stainless steel for his frame, his concerns about corrosion would be moot. I noticed that Shimano is going to use the existing XTR 12-speed chain for the new Dura-Ace and Ultegra. Would this chain work with the 11-speed systems? I’m hoping Shimano will continue to offer the Dura-Ace 11-speed chain for a while yet. Also very disappointed that they didn’t at least offer Ultegra in a mechanical version; they’ve basically priced an Ultegra spec’d bike far out of my price range, and I challenge anyone to try and tell me that electronic offers any increase in performance over the mechanical version. It makes no sense to use a 12-speed chain on an 11-speed group when there are plenty of 11-speed chains available.https://www.velonews.com/gear/technical-faq-mavic-tubeless-tires-12-speed-chain-on-11-speed-group/