Congress wrote into our statute that this could be unreasonable price fluctuations or the volatility that do not bear re...
As Congress moves forward and possibly further develops this, I would look forward to working with you and the Congress ...
We think that there are real benefits to also having it on an exchange.
I think that is correct, Senator.
anything that could get onto clearing, anything a clearinghouse would accept for clearing would be presumptively standar...
We need to bring regulation to that marketplace.
I think that the CFTC has over many years developed a skill set and has a mission to oversee the derivatives marketplace...
Well, I think that was the case broadly in this economic crisis.
We absolutely need this in working with Congress to make sure that it has clear authorities on those most systemically r...
So we believe we have to bring regulation to the entire marketplace, including these tailored products.
leverage in the American economy is one of the big causes of the crisis.
I am concerned that as the good news of an economy that rebounds... we might see a resurgence of these commodity prices.
I believe that we will need to work together on the appropriate authorities to put in place aggregate position limits ov...
I think, Senator, you raise a very good question.
I believe that we must urgently enact broad reforms to regulate the over-the-counter derivatives marketplace.
I pledge to work with this Committee and Congress to try to restore confidence in the financial regulatory system.
We should have the authority to set position limits, because these would be physically limited, these contracts would ha...
I think the Chairman raises a very good point.
