Looking back now, it is clear to me that those of us involved at the time should have done more to protect the American ...
I am recommending that those should be regulated, and the credit default swaps' unique properties.
I think that we had an asset bubble in the oil markets, an asset bubble even in other commodity markets.
I would look forward to working with you and this Congress that we really do bring a full regulatory regime
We should have fought harder.
We need more resources to do that.
I believe that we do need regulation and many of the list, and it was a bit of an alphabet soup for the public.
We need regulation. We need regulated markets and so that is what I am here to say.
So in 35 years, when the markets have grown more than 50-fold--again, markets have grown 50-fold, the agency is the same...
CFTC performs vital functions and it is critical that all of its mandates are preserved, even as the demands on our regu...
We have to do a far better job seeing that which is out on the horizon.
all of us that were involved at the time--and certainly myself--should have done more to protect the American public thr...
I believe that a great deal needs to be done with regard to the over-the-counter derivatives marketplace.
I believe that the entire over-the-counter derivatives marketplace, we need to bring those standardized products onto ce...
I think that all of the markets that the CFTC has oversight for, futures markets and hopefully these other over-the-coun...
That large and vibrant market is part of, I believe, the American success. And we should recognize that and put the burd...
I think we need to put that in place.
I firmly believe that strong, intelligent regulation with aggressive enforcement is what our economy needs and benefits ...