Gary Gensler: “I would like to thank the Committee for the $146 million recently appropriated for the CFTC for the 2009 fiscal year.”

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

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.

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

I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.