Gary Gensler: “The evidence points to the owner, Russ Wasendorf, taking the funds of customers right out of the bank and lying about it…”

I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.

It is rife with fraud, scams, and abuse.

I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.

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