On the recordSeptember 8, 2009
I think that what we can do moving forward with Congress is make sure that if you move forward, the trading side is most transparent so the farmers and ranchers can see that pricing.
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congress.govI think that what we can do moving forward with Congress is make sure that if you move forward, the trading side is most transparent so the farmers and ranchers can see that pricing.
Gensler emphasizes the need for transparency in trading for farmers and ranchers.
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Chair Gensler said there were many more disclosure rules coming down the line.
I do share your concerns that this is a field that is rife with fraud and manipulation and scams.
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.