Gary Gensler: “Openness and competitiveness was at the core of what Congress asked us to do in these rules.”

It is rife with fraud, scams, and abuse.

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

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

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.