Gary Gensler actually said...

President Obama has called for action to strengthen market integrity, lower risk, and protect investors.

I think that Chair Schapiro summed it up well, but I think, if I might say, one of the great lessons out of this financial crisis is that we...

What we are recommending is that clear rules of the road would be put out by the regulators.

I think that we actually already have a number of clearinghouses that have been very well and successfully regulated for decades.