03/26/2014
https://www.congress.gov...
"It is my understanding that the Inspector General of the Federal Reserve recently revealed that the Fed's internal written policy for rulemaking procedures is more than 30 years out of date."
"What are the CFTC's plans with respect to financial institutions engaged in activities that are designated by the Council to be systemically important?"
"Like we have stood behind it before?"
"I do agree with Congressman Frank that there is a heck of a lot of difference between managing risk and speculation."