Gary Gensler actually said...

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.

Context

Gensler criticizes the CFTC for imposing excessive regulations on already regulated markets.

02/09/2011

https://congress.gov...

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