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

Detection of fraud, combating fraud in the futures industry, has been central to our mission for the last 30 years, and it remains so today.

If it would be helpful, I could just submit a written statement outlining our responses to each of the instances that were noted in the pres...

I think that we will never protect that there will not be somebody trying to steal or lie or cheat.

I think that the system can work. I think it does need some enhancements.