I am pleased to testify on behalf of the Commodity Futures Trading Commission (CFTC).
I truly believe our country is much safer than it was prior to 9/11.
I think it is clearly a factor on their mind. As the screws have gotten tighter, I think they clearly are seeing the eff...
I deeply believe that.
But no one will be required to do it.
But it reminds me that in 2008, the financial system and the financial regulatory system both failed the American public...
In the United States, hundreds of billions of taxpayer dollars were put on the line to bail out the financial system.
A requirement for end users like MillerCoors to post margin to its counterparties would have a serious impact on our abi...
I think that at the core, we lost over 7 million jobs in this country because both the financial system and regulatory s...
It seems to me that one of the great accomplishments of Dodd-Frank was to pull derivatives trading out of the shadows an...
Am I correct that you require a swap execution facility to include a central trading screen where everyone can see every...
Because it seems to me that your proposal differs and hasn't taken Congress' directive as seriously as the CFTC is.
I think the entire regulatory system failed the American public, so I would have to include all of us regulators, in a s...
the end users wouldn't benefit from any transparency.
We were intentional in not asking for flexibility for swap dealers.
No, unless it is going to break the law.
I think there has to be a freedom to fail. I think there will be banks that fail in the future as there have been for ce...
Last thing we want is more delay on this project.