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 New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets.