Political Quotes

Gary Gensler: I believe under the current statutory authorities that the CFTC does have that oversight.

On the recordFebruary 24, 2009
I believe under the current statutory authorities that the CFTC does have that oversight.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler asserts that the CFTC has oversight over cap and trade markets.

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It is rife with fraud, scams, and abuse.

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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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the initial public offering market would be shut down with the government

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Actually, sir, we follow the mandate. In 1996, Congress put in our statute that we had to do economic analysis, and we follow that.

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