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 that the system can work. I think it does need some enhancements.
We probably do have the authorities.
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 we...
Detection of fraud, combating fraud in the futures industry, has been central to our mission for the last 30 years, and ...
I think we are underfunded to oversee the futures industry that has grown five-fold since the 1990s.
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...
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 wor...
There should not be government bailouts.
Farmers need to have confidence to use these markets so they can lower their risk.
I am mostly concerned that 2 years into this and 4 years from the crisis we need to get these common-sense rules of the ...