Political Quotes

Gary Gensler: “I think we need to enhance the CFTC's authority to police the markets against manipulation.”

On the recordNovember 17, 2009
I think we need to enhance the CFTC's authority to police the markets against manipulation.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler advocates for strengthening the CFTC's powers to prevent market manipulation.

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The CFTC, I love, it is a great agency, but it was set up to do the derivatives.

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I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.

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It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.

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I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.

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