Gary Gensler actually said...

I thought was just law, that you should not use one customer's money to benefit another customer.

Gensler asserts that the proposal aligns with existing legal standards on customer funds.

02/26/2013

More Gary Gensler Quotes

Derivatives markets are critical for farmers, ranchers, producers, and other end-users in the real economy.

I believe that is critical--but they are not doing proprietary trading.

But audits are required once a year of the financials.

We take the cost-benefit considerations very importantly.