I think it is very concerning, and I share the public's view and Senator Harkin's and your view that that should have been looked at and pur...
I believe the system failed to protect Peregrine's customers here and that we all must do better, including the CFTC.
I think that the system failed to protect the public on this when you look at the various incidents over the years.
I do think we need to get on and try to complete the swaps market reform.
I think we are helped out by that because we are ultimately reliant on the public.
I think the complexity of the topic and the task that Congress gave us; two is we want to get this right and balanced.
I think we need to move the self-regulatory organizations and the CFTC a bit more to risk-based approach.
I think that we will never protect that there will not be somebody trying to steal or lie or cheat.
If it would be helpful, I could just submit a written statement outlining our responses to each of the instances that were noted in the pres...
I think we are underfunded to oversee the futures industry that has grown five-fold since the 1990s.
We probably do have the authorities.
I think that the system can work. I think it does need some enhancements.
Customers should have been able to rely on a system of protection that protects them at all times.
The evidence points to the owner, Russ Wasendorf, taking the funds of customers right out of the bank and lying about it for years.
I found your summary and your vivid explanation important, and you come, of course, from the District of Columbia.
I thank you, Mr. Chairman, for convening today's hearing on EPA's recently released integrated planning framework to work with the States to...
From my point of view, Congressman, the suggestion that the fraud at Peregrine would have been uncovered more quickly if the examiners had b...
I would say there are costs and benefits, and what we need to do at the CFTC is not frankly wait for that but really put in place stronger p...
