Gary Gensler actually said...

I think the practical effect of the administration proposal, which I do fully support, is to lower the risk to the American public.

Gensler supports the administration's proposal to reduce financial risk.

11/17/2009

More Gary Gensler Quotes

What we need in our society, I believe, is that the large swap dealers should be able to fail.

We have an exemption for the commercial entities, but hopefully, we do not for the financial entities.

If we let it go, it is going to pull down everything else. That was the central lesson of AIG.

The more transparency we bring, it lowers risk as well to the public.