On the recordApril 11, 2011
I think capital and risk do not know any geographic boundary, so whether it be position limits or other rules, Senator, that is something that we are very conscious of.
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congress.govI think capital and risk do not know any geographic boundary, so whether it be position limits or other rules, Senator, that is something that we are very conscious of.
Gensler emphasizes the global nature of capital and risk in regulatory discussions.
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The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
The SEC is very much implementing the priorities that I and my Democratic colleagues championed when we were in charge.
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.