On the recordFebruary 9, 2011
So you could see what is--there is a lot at stake here, and end-users can't always see these little basis points, but they add up like the grains of sand in the financial sector.
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congress.govSo you could see what is--there is a lot at stake here, and end-users can't always see these little basis points, but they add up like the grains of sand in the financial sector.
Gensler emphasizes the significance of small pricing changes for end-users in the financial market.
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Actually, sir, we follow the mandate. In 1996, Congress put in our statute that we had to do economic analysis, and we follow that.
That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.
I really strongly believe in our constitutional system do it by the law, and how the courts interpret the law.