Odaily News The American Securities Association (ASA) issued a statement calling on Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), to resign immediately. Chris Iacovella, president and CEO of ASA, said, "Voters have voted that the country needs a new direction. Chairman Gensler should respect the results of this vote and resign immediately. This is the only way for American working families, retirement savers and small businesses to rebuild trust and confidence in the SEC." (Americansecurities)