Gary Gensler said...

If I can say, breaking the law and not liking the law are different than lack of clarity.

I do share your concerns that this is a field that is rife with fraud and manipulation and scams.

The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.

That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.