Gary Gensler actually said...

The market worldwide is about $600 trillion notional, about a little less than half of that is here, but let us call it $300 trillion.

Gensler estimates the size of the global over-the-counter market.

02/09/2011

More Gary Gensler Quotes

Because it seems to me that your proposal differs and hasn't taken Congress' directive as seriously as the CFTC is.

I think the entire regulatory system failed the American public, so I would have to include all of us regulators, in a sense and yes, in the...

the end users wouldn't benefit from any transparency.

We were intentional in not asking for flexibility for swap dealers.