I think we bring good transparency and lower risk to the system, and we have the tools to police against manipulation an...
That is always a legitimate concern. That is why we worked so closely with the FSA in London and have a very good relati...
the American public benefits by a regulated market economy.
One of the lessons out of this crisis is that there were significant gaps of institutions not covered like nondeposit in...
I believe this exclusion should be revised to make clear that it is not available to foreign banks or their subsidiaries...
The financial crisis has taught us that the derivatives trading activities of a single firm can threaten the entire fina...
The financial regulatory system failed the American public.
We must now do all we can to ensure that it does not happen again.
One of the lessons we learned through the crisis is that financial institutions were not only too big to fail, but also ...
Regulating derivatives dealers is important because this financial crisis has taught us that the derivatives trading act...
Comprehensive regulation of the over-the-counter derivatives market, I believe, will require two complementary regimes.
I absolutely agree. I believe that a resolution regime should provide legal restrictions on how counterparty assets held...
Congress also should explicitly authorize regulators to require derivatives dealers and counterparties to segregate, or ...
I believe, however, that we need to explicitly have in statute and by rule capital requirements for their derivatives ex...
If I might add also, I know it is outside our remit, but the Administration has talked about those institutions that are...
I strongly encourage Congress to build off this proposal and enact legislation that will bring even more vital transpare...
The need for reform of our financial system parallels what we faced as a nation in the 1930s.
We have to bring comprehensive regulation to the over-the-counter (OTC) derivatives markets.