Gary Gensler actually said...

I think that we actually already have a number of clearinghouses that have been very well and successfully regulated for decades.

Gensler discusses the successful regulation of clearinghouses in financial markets.

06/21/2009

More Gary Gensler Quotes

If we let it go, it is going to pull down everything else. That was the central lesson of AIG.

The more transparency we bring, it lowers risk as well to the public.

Transparency leads to lower cost, lower bid spreads. It does shift the information advantage away from Wall Street.

Congress should avoid any bright-line exemption that runs the risk of creating the next regulatory loophole.