On the recordApril 11, 2013
We cannot effectively ensure for the transparency and the integrity of the markets at significantly fewer people than we have now.
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congress.govWe cannot effectively ensure for the transparency and the integrity of the markets at significantly fewer people than we have now.
Gensler warns about the risks of budget cuts to market oversight.
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The SEC is very much implementing the priorities that I and my Democratic colleagues championed when we were in charge.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
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.
That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.