On the recordFebruary 14, 2011
Because it seems to me that your proposal differs and hasn't taken Congress' directive as seriously as the CFTC is.
Source
congress.govGary Gensler: “Because it seems to me that your proposal differs and hasn't taken Congress' directive as seriously as the CFTC is.”
Editor's note · Context
Gensler criticizes Schapiro's proposal for lacking adherence to Congress's transparency goals.
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The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
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