Political Quotes

Gary Gensler: it is more informed because Congress tells us what we have to do

On the recordFebruary 9, 2011
it is more informed because Congress tells us what we have to do
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler argues that Congressional directives provide a more informed approach than the President's Executive Order.

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it will be hard for us to oversee the markets

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In fact, we do need to do analysis because Congress mandated it. We have to analyze the efficiency, the competition, and the effects on capital formation.

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I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets.

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