On the recordSeptember 16, 2009
I strongly encourage Congress to build off this proposal and enact legislation that will bring even more vital transparency and oversight to this market.
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congress.govI strongly encourage Congress to build off this proposal and enact legislation that will bring even more vital transparency and oversight to this market.
Gensler urges Congress to enhance transparency and oversight in the OTC derivatives market.
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More from Gary Gensler
If I can say, breaking the law and not liking the law are different than lack of clarity.
I really strongly believe in our constitutional system do it by the law, and how the courts interpret the law.
I do share your concerns that this is a field that is rife with fraud and manipulation and scams.
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.