Gary Gensler actually said...

I think that if it is a standard transaction, it would be best to be brought into central clearing and central trading.

Gensler advocates for standard transactions to be centrally cleared for transparency.

03/08/2010

More Gary Gensler Quotes

I, like you, have met with a lot of energy companies in these last 5 weeks, and I think that we can achieve both goals.

I think that end-users will benefit and actually take some of the cost out of the system for them by the transparency.

I think actually it will enhance liquidity. That when you bring transparency to markets, as was done through the Securities and Exchange Act...

I mean that was one of the features that I am glad to have the right staff here.