Gary Gensler actually said...

I think it is important to bring, as you say, greater regulation to this whole over-the-counter derivatives marketplace.

Emphasizes the need for regulation in the over-the-counter derivatives market.

06/03/2009

More Gary Gensler Quotes

I am certainly committed to meeting with the clearing members and users.

Bureaucracies set up to regulate corporations end up protecting corporations.

The markets benefit and the public benefits to bring that in.

His concern--and I share it--is that over-regulation on the commodity side will simply drive investors to more favorable regimes.