Gary Gensler: “Well, I think that was the case broadly in this economic crisis.”

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

No. The answer is, no.

In fact, we do need to do analysis because Congress mandated it. We have to analyze the efficiency, the competition, and the effects on capital formation.

It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.