Gary Gensler actually said...

Proposed rules on margin shall focus on transactions between financial entities rather than those transactions that involve non-financial end-users.

Gensler emphasized the need to exempt non-financial end-users from margin requirements.

02/09/2011

More Gary Gensler Quotes

It is not a nanny government. The investors can take the risk as long as they get enough information.

I am an optimist. I think technology can solve for this.

It is really about knowing all the accounts.

Register the exchanges and cops on the beat.