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Gary Gensler actually said...

Bureaucracies set up to regulate corporations end up protecting corporations.

Context

Gensler references Hayek's view on regulation and its effects.

09/16/2009

https://congress.gov...

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We should have the authority to set position limits, because these would be physically limited, these contracts would have a limited supply.
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I think the Chairman raises a very good point.
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I think it is important to bring, as you say, greater regulation to this whole over-the-counter derivatives marketplace.
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I believe that is correct.
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View All Gary Gensler Quotes

Gary  Gensler

usa, District of Columbia

643 Quotes

PartyDemocratic

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