Gary Gensler actually said...

I believe the system failed to protect Peregrine's customers here and that we all must do better, including the CFTC.

Acknowledging failures in the financial regulatory system regarding customer protection.

07/31/2012

More Gary Gensler Quotes

It is probably $0.05 a million cubic foot.

I think our financial regulatory system failed, so I would look forward to working with however Congress addresses this issue.

I have anecdotal thoughts, if I might, if I am allowed to share.

I am certainly committed to meeting with the clearing members and users.