On the recordNovember 30, 2011
We take the cost-benefit considerations very importantly.
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congress.govWe take the cost-benefit considerations very importantly.
Gensler highlights the significance of cost-benefit analysis in regulatory processes.
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The CFTC, I love, it is a great agency, but it was set up to do the derivatives.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets.
Actually, sir, we follow the mandate. In 1996, Congress put in our statute that we had to do economic analysis, and we follow that.