On the recordFebruary 24, 2009
In this marketplace, I believe that we had a great many people come to the conclusion that it is another asset class.
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congress.govIn this marketplace, I believe that we had a great many people come to the conclusion that it is another asset class.
Gensler explains how commodities became viewed as an investment class.
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The CFTC, I love, it is a great agency, but it was set up to do the derivatives.
That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.
The SEC is very much implementing the priorities that I and my Democratic colleagues championed when we were in charge.
The only thing political is protecting the American public, which I think Members of both sides of the aisle will probably agree with.