On the recordSeptember 16, 2009
The markets benefit and the public benefits to bring that in.
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congress.govThe markets benefit and the public benefits to bring that in.
Gensler emphasizes the advantages of centralized clearing for markets.
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That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.