Gary Gensler: “For the first time, the public will benefit from specific oversight of swap dealers.”

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.

It is rife with fraud, scams, and abuse.

I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.

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