On the recordJuly 20, 2011
We think it is pretty clear: If it is non-financial, it is out.
Source
congress.govGary Gensler: “We think it is pretty clear: If it is non-financial, it is out.”
Editor's note · Context
Gensler clarifies that non-financial transactions between affiliates do not require clearing.
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Jun 4, 2024
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
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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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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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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.
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