Gary Gensler: “The need for reform of our financial system parallels what we faced as a nation in the 1930s.”

The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.

it will be hard for us to oversee the markets

The only thing political is protecting the American public, which I think Members of both sides of the aisle will probably agree with.

The CFTC, I love, it is a great agency, but it was set up to do the derivatives.