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Gary Gensler actually said...

We do believe that we have sufficient legal authority.

Context

Gensler asserts confidence in the CFTC's legal authority for reforms.

06/14/2011

https://www.congress.gov...

More Gary Gensler Quotes

The reforms mandated by Congress will reduce systemic risk to our financial system and bring sunshine and competition to the swaps markets.
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part of that cost is so that the taxpayers do not have to bear as great a risk to bail out financial institutions in the future.
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Congress said that those transactions that are cleared and made available for trading would be brought to swap execution facilities.
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I think that markets work best when they are transparent, open, and competitive.
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View All Gary Gensler Quotes

Gary  Gensler

usa, District of Columbia

643 Quotes

PartyDemocratic

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