Gary Gensler actually said...

I believe that is critical--but they are not doing proprietary trading.

Gensler emphasizes the need for banking entities to ensure they are not engaging in proprietary trading.

01/17/2012

More Gary Gensler Quotes

We are in far better shape than we were 2 years ago.

This hearing is occurring at an historic time in the markets.

For the first time, the public will benefit from specific oversight of swap dealers.

The CFTC now oversees the derivatives marketplace--across both futures and swaps.