On the recordJune 3, 2009
I think that there should be consistently applied capital rules for the over-the-counter derivatives.
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congress.govI think that there should be consistently applied capital rules for the over-the-counter derivatives.
Gensler advocates for uniform capital rules for derivatives.
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If I can say, breaking the law and not liking the law are different than lack of clarity.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.