Political Quotes

On the recordApril 11, 2011
I think that markets work best when they are transparent, open, and competitive.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler emphasizes the importance of transparency and competition in markets.

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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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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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That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.

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The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.

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