Gensler: Big Deals a Sign of 'High-Valuation Market'

Gary Gensler, Former SEC Chair and professor at MIT Sloan School of Management, joins Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close' and discusses the significant return of IPO activity including SK Hynix, which raised $26.5 billion in the largest foreign debut in the US, Google's $85 billion capital raise and SpaceX going public. He says these big deals are a sign of 'high-valuation market.'