Political Quotes

Gary Gensler: The Commodity Futures Trading Commission, I believe, even with the generous support of this Committee and Congress is…

On the recordJune 3, 2009
The Commodity Futures Trading Commission, I believe, even with the generous support of this Committee and Congress is still sorely underresourced.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler emphasizes the need for more resources for the Commodity Futures Trading Commission.

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The CFTC, I love, it is a great agency, but it was set up to do the derivatives.

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

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it will be hard for us to oversee the markets

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And I just think that is part of our great democracy.

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