On the recordJune 1, 2009
I think that explicit authority should be given to the Federal regulators, with the CFTC taking the lead on position limits.
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congress.govI think that explicit authority should be given to the Federal regulators, with the CFTC taking the lead on position limits.
Gensler emphasizes the need for regulatory authority over derivatives markets.
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Actually, sir, we follow the mandate. In 1996, Congress put in our statute that we had to do economic analysis, and we follow that.