Political Quotes

Gary Gensler: “I strongly encourage Congress to build off this proposal and enact legislation that will bring even more vital…”

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.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler urges Congress to enhance transparency and oversight in the OTC derivatives market.

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More from Gary Gensler

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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.

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

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The CFTC, I love, it is a great agency, but it was set up to do the derivatives.

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I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.

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