Securities and Exchange Commission Chairman Gary Gensler issued a statement on Friday, announcing the steps the SEC will take to protect investors from the actions taken by the Chinese government. An estimated $ 1 trillion has been lost from the value of foreign-listed Chinese tech stocks since the Chinese government launched a widespread crackdown in February. The government has conducted cybersecurity and data privacy reviews of all the tech giants in the country, spooking the market and forcing dozens of Chinese companies to shelve plans to go public in New York. Gensler explained that the Chinese government not only provides…