Gary Gensler: “I informed the General Counsel on a Thursday, so it may have been that Friday.”

it will be hard for us to oversee the markets

It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.

If I can say, breaking the law and not liking the law are different than lack of clarity.

In fact, we do need to do analysis because Congress mandated it. We have to analyze the efficiency, the competition, and the effects on capital formation.