Gary Gensler actually said...

We should have the authority to set position limits, because these would be physically limited, these contracts would have a limited supply.

Gensler emphasizes the need for authority to limit positions in carbon derivatives.

06/03/2009

More Gary Gensler Quotes

I am pleased to testify on behalf of the Commodity Futures Trading Commission (CFTC).

But no one will be required to do it.

But it reminds me that in 2008, the financial system and the financial regulatory system both failed the American public.

In the United States, hundreds of billions of taxpayer dollars were put on the line to bail out the financial system.