Gary Gensler actually said...

From my point of view, Congressman, the suggestion that the fraud at Peregrine would have been uncovered more quickly if the examiners had been on the government's payroll instead of our payroll is something that I just don't think has a rational basis in fact.

Context

Gensler argues against the idea that government examiners would have caught fraud faster.

07/24/2012

https://congress.gov...

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