Gary Gensler: “I thought that made sense to step aside.”

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

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.

And I just think that is part of our great democracy.