On the recordSeptember 16, 2009
limiting overlapping regulation by the SEC and CFTC to only where it is beneficial, and eliminating opportunities for arbitrage or regulatory uncertainty
Source
congress.govlimiting overlapping regulation by the SEC and CFTC to only where it is beneficial, and eliminating opportunities for arbitrage or regulatory uncertainty
Gensler advocates for reducing regulatory overlap to prevent arbitrage and uncertainty.
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We only make information as a result of any investigation public if we either settle or bring charges in competent courts.
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.
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.