Gary Gensler actually said...

I think that at the core, we lost over 7 million jobs in this country because both the financial system and regulatory system failed the test.

Gensler argues that effective regulation can prevent job losses linked to financial system failures.

02/14/2011

More Gary Gensler Quotes

limiting overlapping regulation by the SEC and CFTC to only where it is beneficial, and eliminating opportunities for arbitrage or regulator...

We must now do all we can to ensure that this does not happen again.

eliminating cases in which the SEC and CFTC regulate similar products, practices or markets in a different manner when those differences cou...

eliminating gaps in the current regulatory system to reduce risk, protect market integrity and promote market transparency by adopting compr...