Gary Gensler actually said...

What we need in our society, I believe, is that the large swap dealers should be able to fail.

Gensler emphasizes the need for large swap dealers to be allowed to fail to prevent systemic risks.

03/17/2010

More Gary Gensler Quotes

I think that it will bring greater transparency to energy markets.

I think we bring good transparency and lower risk to the system, and we have the tools to police against manipulation and corners and squeez...

That is always a legitimate concern. That is why we worked so closely with the FSA in London and have a very good relationship with the head...

the American public benefits by a regulated market economy.