On the recordJune 21, 2009
As President Obama laid out last week, we must urgently enact broad reforms in our financial regulatory structure in order to rebuild and restore confidence in our overall financial system.
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congress.govGary Gensler: “As President Obama laid out last week, we must urgently enact broad reforms in our financial regulatory structure in…”
Editor's note · Context
Gensler emphasizes the need for urgent financial regulatory reforms.
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It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.
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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.
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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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