We are concerned and disappointed that the CFTC is using the Dodd-Frank legislation to not only implement a regulatory regime for previously unregulated OTC trading, but as an opportunity to propose unnecessary and extremely prescriptive regulations on already regulated derivative markets.
Gensler criticizes the CFTC for imposing excessive regulations on already regulated markets.
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If I can say, breaking the law and not liking the law are different than lack of clarity.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
It seems it is like a chia pet. It looks like a good idea for a gift until you buy it.
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