Gary Gensler actually said...

We do not regulate prices or the level of prices, or volatility itself, but we have to ensure that the markets have integrity.

Gensler clarifies the regulatory role in maintaining market integrity without controlling prices.

02/09/2011

More Gary Gensler Quotes

Detection of fraud, combating fraud in the futures industry, has been central to our mission for the last 30 years, and it remains so today.

I think we are underfunded to oversee the futures industry that has grown five-fold since the 1990s.

The evidence points to the owner, Russ Wasendorf, taking the funds of customers right out of the bank and lying about it for years.

From my point of view, Congressman, the suggestion that the fraud at Peregrine would have been uncovered more quickly if the examiners had b...