On the recordJune 24, 2013
I think Congress was quite clear that we were to do these rules.
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congress.govI think Congress was quite clear that we were to do these rules.
Gensler emphasizes Congress's intent for the CFTC to implement rules.
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I do share your concerns that this is a field that is rife with fraud and manipulation and scams.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets.