On the recordJune 3, 2009
Congress wrote into our statute that this could be unreasonable price fluctuations or the volatility that do not bear resemblance to the fundamentals.
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congress.govCongress wrote into our statute that this could be unreasonable price fluctuations or the volatility that do not bear resemblance to the fundamentals.
Gensler references Congressional intent regarding speculation and market stability.
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The CFTC, I love, it is a great agency, but it was set up to do the derivatives.
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