Gary Gensler: “History demonstrates that bright-line statutory exemptions or exclusions granted at one point in time can have…”

If I can say, breaking the law and not liking the law are different than lack of clarity.

The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.

It is rife with fraud, scams, and abuse.

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.