On the recordMarch 20, 2012
Simply increasing funding does not ensure that an agency can successfully achieve its mission and frankly is not a realistic option given current fiscal constraints.
Source
congress.govSimply increasing funding does not ensure that an agency can successfully achieve its mission and frankly is not a realistic option given current fiscal constraints.
Stating that more funding alone won't guarantee agency success under budget constraints.
Share
More from Gary Gensler
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.
If I can say, breaking the law and not liking the law are different than lack of clarity.
I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.