On the recordMay 21, 2012
It is going to get better, but underfunded, it is stretched and thin, and something is going to give.
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congress.govIt is going to get better, but underfunded, it is stretched and thin, and something is going to give.
Gensler discusses the challenges of improving market surveillance due to funding issues.
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The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.
If I can say, breaking the law and not liking the law are different than lack of clarity.
The SEC is very much implementing the priorities that I and my Democratic colleagues championed when we were in charge.