We have a fundamental crack or a problem in our foundation here in that the system designed to hedge risk, to ameliorate...
let's bring regulation to the over-the-counter derivatives.
I believe that we want to protect the American public, that non-bank derivative dealers do have some capital behind what...
I think that the oversight of the financial institutions who are swap dealers would still be the traditional prudential ...
I think that it will bring greater transparency to energy markets.
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.
Congress also should explicitly authorize regulators to require derivatives dealers and counterparties to segregate, or ...
If I might add also, I know it is outside our remit, but the Administration has talked about those institutions that are...
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...
A lot of the pushback is because in an opaque world, a call-around market, et cetera, you make more fees.
