The American public bears a lot of risk in that crisis that we have lived through.
Comprehensive regulation of the over-the-counter derivatives market, I believe, will require two complementary regimes.
I do believe that we need to do more on this regard, that customer accounts need, if they post margin, need to be proper...
It is probably $0.05 a million cubic foot.
I think our financial regulatory system failed, so I would look forward to working with however Congress addresses this ...
I have anecdotal thoughts, if I might, if I am allowed to share.
I absolutely agree. I believe that a resolution regime should provide legal restrictions on how counterparty assets held...
I am certainly committed to meeting with the clearing members and users.
They would still be fully regulated but regulated through the dealer regulation.
One year ago at this time, the financial system failed the American public, and the financial regulatory system as well ...
eliminating gaps in the current regulatory system to reduce risk, protect market integrity and promote market transparen...
eliminating cases in which the SEC and CFTC regulate similar products, practices or markets in a different manner when t...
I think we have made substantial progress.
I believe we do. This is not new and unknown.
I believe that we have to have 100 percent of the futures marketplace regulated.
I believe that all futures on these carbon markets should be on exchanges.
We are looking to do that in the fall with proposed rules.
I do believe, though, working with Congress, that contract too should be under regulation.
