On the recordJuly 31, 2012
I believe the system failed to protect Peregrine's customers here and that we all must do better, including the CFTC.
Source
congress.govGary Gensler: “I believe the system failed to protect Peregrine's customers here and that we all must do better, including the CFTC.”
Editor's note · Context
Acknowledging failures in the financial regulatory system regarding customer protection.
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