Gary Gensler actually said...

History demonstrates that bright-line statutory exemptions or exclusions granted at one point in time can have unintended consequences.

Gensler discusses the risks of statutory exemptions based on historical precedents.

03/08/2010

More Gary Gensler Quotes

I think actually it will enhance liquidity. That when you bring transparency to markets, as was done through the Securities and Exchange Act...

I mean that was one of the features that I am glad to have the right staff here.

I think that our two agencies need to do a far better job where we have joint oversight.

I think it is something appropriate for Congress to take up.