Gary Gensler actually said...

It is now time to bring comprehensive regulation to this large and economically significant market.

Gensler emphasizes the need for regulation in the OTC derivatives market.

03/08/2010

More Gary Gensler Quotes

the end users wouldn't benefit from any transparency.

We were intentional in not asking for flexibility for swap dealers.

No, unless it is going to break the law.

I think there has to be a freedom to fail. I think there will be banks that fail in the future as there have been for centuries in the past.