Gary Gensler actually said...

Congress said that those transactions that are cleared and made available for trading would be brought to swap execution facilities.

Gensler explains Congress's mandate for transparency in swap transactions.

04/11/2011

More Gary Gensler Quotes

The financial crisis has taught us that the derivatives trading activities of a single firm can threaten the entire financial system.

The financial regulatory system failed the American public.

We must now do all we can to ensure that it does not happen again.

You have highlighted the intersection of Congress' work between cap-and-trade and over-the-counter derivatives reform.