Macro Guru Raoul Pal Says SEC ‘Fighting A Cultural Movement’ As Parody Song Taking Dig At Gary Gensler Goes Viral: ‘Good Luck With That’

Raoul Pal, a former Goldman Sachs (NYSE:GS) executive and macro investor, on Thursday, expressed his views on the Securities and Exchange Commission’s (SEC) ongoing battles within a cultural movement, i.e. crypto. What Happened: Pal in a tweet on X said, “The SEC is fighting a cultural movement. Good luck with that.” Pal’s remarks came in response to a tweet by Twitter user @songadaymann, who shared a parody song called “THIS SONG IS A SECURITY,” aimed at the SEC. The lyrics of the song can be read as: “I better register with the security, if it resells I get a royalty.” The parody song can be…

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