What is your responsibility?
The first and most basic responsibility, I believe, Mr. Chairman, of the CFTC is to ensure that customer funds are not misappropriated.
MF Global CEO Jon Corzine personally appealed that decision to the SEC, chaired by Chairman Schapiro.
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 f...
Chairman Gensler nonetheless owes the public, I believe, a full accounting of how they failed to protect those customer assets in the first ...
Chairman Gensler's recusal has impeded Congress' ability to examine every facet of the MF Global failure.
But you are in the investigation of that now?
Chairman Gensler and SEC Chairman Mary Schapiro have jointly created widespread uncertainty about the regulation of derivatives.
Where was the SEC here? Did they know what was going on? And if not, why not?
I would like to go back to MF Global, if I could, Mr. Chairman.