Gary Gensler actually said...

I believe we have the authority not to impose it, and that is what we plan to do if I move forward.

Gensler discusses his authority regarding margin requirements for end-users in transactions.

02/09/2011

More Gary Gensler Quotes

only benefits Wall Street and does not benefit Main Street or the corporation that provides service to America.

The reforms mandated by Congress will reduce systemic risk to our financial system and bring sunshine and competition to the swaps markets.

part of that cost is so that the taxpayers do not have to bear as great a risk to bail out financial institutions in the future.

They absolutely have to make sure everything clears.