Gary Gensler actually said...

Because it seems to me that your proposal differs and hasn't taken Congress' directive as seriously as the CFTC is.

Gensler criticizes Schapiro's proposal for lacking adherence to Congress's transparency goals.

02/14/2011

More Gary Gensler Quotes

I think that is correct, Senator.

anything that could get onto clearing, anything a clearinghouse would accept for clearing would be presumptively standard.

We need to bring regulation to that marketplace.

I think that the CFTC has over many years developed a skill set and has a mission to oversee the derivatives marketplace.