The first and most basic responsibility, I believe, Mr. Chairman, of the CFTC is to ensure that customer funds are not misappropriated.

Under Chairman Gensler's watch, customers of MF Global had $1.6 billion of funds improperly taken from their accounts.

Where was the SEC here? Did they know what was going on? And if not, why not?

Chairman Gensler's recusal has impeded Congress' ability to examine every facet of the MF Global failure.

MF Global CEO Jon Corzine personally appealed that decision to the SEC, chaired by Chairman Schapiro.

I agree. We should not let, you should not let institutions that you regulate operate in a dark hole somewhere.

Well, that goes to the heart--and I would be interested in the answer--of the SEC and the CFTC's coordination of the regulation.

A lot of people have been basically saying, Chairman Gensler, that the CFTC and the SEC, Chairman Schapiro, were in the dark, that you did not know what was really going on at JPMorgan.

You are supposed to protect your customers' funds separately. Is that right?

Since the passage of the Dodd-Frank Act, its proponents have repeatedly claimed that both consumers and our financial markets will benefit from the new law. We now know that both of those claims are false.

On October 30, 2011, a CFTC employee gave to CME, Chicago Mercantile Exchange, employees a disk containing documents...

We need regulators who are willing to explain their actions rather than run for the hills.