On the recordJune 14, 2011
I think that Title VII, the derivatives title, was necessary. I think that the American public remains exposed today and unprotected because the market.
Source
congress.govI think that Title VII, the derivatives title, was necessary. I think that the American public remains exposed today and unprotected because the market.
Gensler emphasizes the necessity of Title VII for market protection.
Share
More from Gary Gensler
It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.
If I can say, breaking the law and not liking the law are different than lack of clarity.
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.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.