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...
I think we are underfunded to oversee the futures industry that has grown five-fold since the 1990s.
I think it is very concerning, and I share the public's view and Senator Harkin's and your view that that should have be...
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 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 ...
We probably do have the authorities.
I informed the General Counsel on a Thursday, so it may have been that Friday.
I thought it was best not to participate.
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...