I believe we cannot afford any more multi-billion dollar bailouts of ineffectively regulated derivatives dealers.
We must now do all we can to ensure that this does not happen again.
limiting overlapping regulation by the SEC and CFTC to only where it is beneficial, and eliminating opportunities for ar...
I look forward to working with the Congress and other Federal regulators to apply comprehensive regulation to both deriv...
The benefit of bringing the marketplace into transparent exchanges and on to clearinghouses is very important.
Bureaucracies set up to regulate corporations end up protecting corporations.
The markets benefit and the public benefits to bring that in.
His concern--and I share it--is that over-regulation on the commodity side will simply drive investors to more favorable...
I think that is an excellent question.
I couldn't agree more with the Chairman. We are talking about a paradigm shift here.
I, like you, have met with a lot of energy companies in these last 5 weeks, and I think that we can achieve both goals.
I think that end-users will benefit and actually take some of the cost out of the system for them by the transparency.
I think actually it will enhance liquidity. That when you bring transparency to markets, as was done through the Securit...
I mean that was one of the features that I am glad to have the right staff here.
I think that our two agencies need to do a far better job where we have joint oversight.
I think it is something appropriate for Congress to take up.
We are trying to promote competition amongst exchanges and trading venues.
I think that goes a far way to the Congressman's question but also to have the ability to set aggregate position limits,...
