Political Quotes

Gary Gensler: “The end users wouldn't benefit from any transparency.”

On the recordFebruary 14, 2011
The end users wouldn't benefit from any transparency.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler discusses the impact of budget cuts on transparency for end users in financial markets.

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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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The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.

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It is rife with fraud, scams, and abuse.

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