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Gary Gensler actually said...

I will also work with Congress on new authorities to bring much-needed transparency and regulation to the over-the-counter derivatives marketplace.

Context

Gensler expresses intent to collaborate with Congress for better regulation.

06/01/2009

https://www.congress.gov...

More Gary Gensler Quotes

Comprehensive regulation of the over-the-counter derivatives market, I believe, will require two complementary regimes.
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I absolutely agree. I believe that a resolution regime should provide legal restrictions on how counterparty assets held by OTC derivatives ...
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Congress also should explicitly authorize regulators to require derivatives dealers and counterparties to segregate, or set aside, from thei...
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I believe, however, that we need to explicitly have in statute and by rule capital requirements for their derivatives exposure.
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View All Gary Gensler Quotes

Gary  Gensler

usa, District of Columbia

643 Quotes

PartyDemocratic

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