coinspress.com
After stepping down as SEC Chair, Gary Gensler is returning to MIT Sloan School of Management, where he will serve as a Professor of the Practice, specializing in artificial intelligence, finance, and fintech policy.
His return marks a shift from financial regulation back to academia.
Gensler will be part of MIT Sloan’s Global Economics and Management Group and the Finance Group, focusing on research and education in AI-driven finance. Additionally, he will co-direct the FinTechAI@CSAIL program, an initiative at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) aimed at exploring AI’s role in financial innovation.
As SEC Chair, Gensler took a hard stance on crypto regulation, sparking debate over regulatory overreach. Senator Cynthia Lummis accused his administration of exceeding its authority, arguing that the SEC imposed restrictions without congressional approval.
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Before his SEC tenure, Gensler led the Commodity Futures Trading Commission (CFTC), where he helped regulate the $400 trillion swaps market following the 2008 financial crisis. His earlier career included 18 years at Goldman Sachs, focusing on mergers and trading strategies.
MIT faculty expressed enthusiasm about Gensler’s return, emphasizing his unique blend of industry expertise and academic insight. Georgia Perakis, interim dean of MIT Sloan, highlighted the benefits his experience will bring to students, while Simon Johnson confirmed they will be co-teaching a new finance course.
Professor Andrew W. Lo noted that Gensler’s background aligns with MIT’s focus on the evolving relationship between AI and finance, making his return particularly timely as technology reshapes global markets.