Gary Gensler actually said...

CFTC performs vital functions and it is critical that all of its mandates are preserved, even as the demands on our regulatory agencies expand. A merger makes sense only if it enhances our ability to carry out the important task with which the CFTC is entrusted. Thus, I would not consider a merger simply for merger's sake.

Context

Gensler emphasizes the importance of CFTC's functions and cautious approach to potential mergers.

02/24/2009

https://www.congress.gov...

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