Gary Gensler actually said...

I believe, sir, that that should be reported to all the regulators and certainly aggregated in the aggregate positions by underlying commodity.

Gensler supports reporting of derivatives to regulators for better oversight.

06/21/2009

More Gary Gensler Quotes

[w]e now face a new set of challenges as the nation continues to recover from last year's failure of the financial system and the financial ...

I think Congress does want one agency.

In 2008 the financial regulatory system failed the American public. We must now do all we can to ensure that it does not happen again.

The financial crisis only highlights this in dramatically revealing how unregulated OTC derivatives and their dealers actually can heighten ...