On the recordJune 21, 2009
I think, Senator, you raise a very important point.
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congress.govI think, Senator, you raise a very important point.
Gensler acknowledges Bunning's concern about regulatory oversight of derivatives.
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The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.
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.
If I can say, breaking the law and not liking the law are different than lack of clarity.