Gary Gensler actually said...

We are trying to promote competition amongst exchanges and trading venues.

Gensler explains the goal of promoting competition in clearinghouses.

09/16/2009

More Gary Gensler Quotes

I think that if it is a standard transaction, it would be best to be brought into central clearing and central trading.

I think that FERC take the leadership over RTOs.

I think that the financial system so terribly failed the American public, and part of that is this over-the-counter derivatives world.

It is now time to bring comprehensive regulation to this large and economically significant market.