Gary Gensler actually said...

The current economic crisis clearly has shown that our financial and regulatory systems have failed the American people terribly.

Gensler highlights failures in financial and regulatory systems during the economic crisis.

02/24/2009

More Gary Gensler Quotes

We need to bring regulation to that marketplace.

I think that the CFTC has over many years developed a skill set and has a mission to oversee the derivatives marketplace.

Well, I think that was the case broadly in this economic crisis.

We absolutely need this in working with Congress to make sure that it has clear authorities on those most systemically relevant.