##  [# Hot Reads: SEC’s Gensler on Crypto: ‘The Law Is Clear’ ](/sections/daily-hot-reads/hot-reads-secs-gensler-crypto-law-clear) 

 

# Hot Reads: SEC’s Gensler on Crypto: ‘The Law Is Clear’ 

 

 

Plus, long-term Treasury ETFs seeing steady inflows.



 

 

 

 

 [![lisa](/sites/default/files/styles/author_image_icon/public/2023-03/Lisa_0.png?itok=Z95X7Mko "lisa")](/contributors/lisa-barr) 

[By Lisa Barr](/contributors/lisa-barr)

 Apr 28, 2023

 Edited by: Ron Day

 

 

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[**Gensler: ‘The Law Is Clear’**](https://www.cnbc.com/2023/04/27/sec-chairman-gary-gensler-says-the-law-is-clear-for-crypto-exchanges.html) (CNBC)

SEC chairman tells Coinbase and other crypto exchanges that regulations aren’t ambiguous.

[**Treasury Yields Rise on Stagflation**](https://www.benzinga.com/economics/macro-economic-events/23/04/32051793/treasury-yields-rise-on-stagflation-threats-investors-flock-to-long-term-treasury) (Benzinga)

Investors flock to long-term Treasury ETFs expecting weaker growth ahead.

[**RIA Channel Leads Industry in Asset Growth, Cerulli Says**](https://www.fa-mag.com/news/ria-channel-leads-industry-in-asset-growth--survey-says-72992.html) (Financial Advisor)

More advisors and assets are being accumulated by larger firms through consolidation, the firm said.

[**Charles Schwab Bank Trouble Follows SVB Collapse**](https://www.bloomberg.com/news/articles/2023-04-27/charles-schwab-bank-trouble-follows-svb-collapse?leadSource=uverify%20wall) (Bloomberg)

With higher rates available elsewhere, the company is facing dwindling deposits.

[**Hedge Funds Positioned to Continue Their Strong Run**](https://www.institutionalinvestor.com/article/b8ygl42g6q9pv7/Hedge-Funds-Are-Positioned-to-Continue-Their-Strong-Run) (Institutional Investor)

Equity and multistrategy funds delivered the highest gains in the first quarter, according to Citco.

[**About Those Housing Doom Predictions …**](https://www.advisorperspectives.com/commentaries/2023/04/27/how-bout-those-housing-doom-predictions) (Advisor Perspectives)

In some parts of the U.S., the housing market is as strong as ever.

[**Millennials Harbor Unrealistic Retirement Goals, Study Says**](https://www.fa-mag.com/news/study-finds-opportunity-with-millennials-in-retirement-planning-72990.html) (FA Mag)

The generation is more reliant on defined contribution plans than others, Natixis says.



 

 

 [ Lisa Barr ](/contributors/lisa-barr) 

 

 

  Lisa Barr is a former copy editor at etf.com.   [View Bio](/contributors/lisa-barr)

 



 

 


 Related Topics  [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Treasury](http://www.etf.com/topics/treasury) 

 [Hedge Funds](http://www.etf.com/topics/hedge-funds)