SEC Chair Aims to Rein In Crypto

P.M. Edition for Aug. 5. The head of the Securities and Exchange Commission, Gary Gensler, referred to cryptocurrency markets as the "Wild West" and called for stronger protections for investors. But that's likely to mean clashes with some crypto traders. Reporter Alexander Osipovich has more on the proposals, and how traders are reacting. Learn more about your ad choices. Visit megaphone.fm/adchoices