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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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.
If I can say, breaking the law and not liking the law are different than lack of clarity.
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.
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.