Gary Gensler: “We have to bring comprehensive regulation to the over-the-counter (OTC) derivatives markets.”

the initial public offering market would be shut down with the government

It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.

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.