Gary Gensler: “That's why I am for regulating all derivative dealers, whether they're affiliated with banks or not.”

The CFTC, I love, it is a great agency, but it was set up to do the derivatives.

It is rife with fraud, scams, and abuse.

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.

I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.