Gary Gensler: “I think capital and risk do not know any geographic boundary, so whether it be position limits or other rules, Senator…”

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.

If I can say, breaking the law and not liking the law are different than lack of clarity.

It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.