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Gary Gensler actually said...

The CFTC now oversees the derivatives marketplace--across both futures and swaps.

Context

Gensler states the CFTC's expanded oversight role in derivatives.

02/13/2013

https://www.congress.gov...

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only benefits Wall Street and does not benefit Main Street or the corporation that provides service to America.
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The reforms mandated by Congress will reduce systemic risk to our financial system and bring sunshine and competition to the swaps markets.
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part of that cost is so that the taxpayers do not have to bear as great a risk to bail out financial institutions in the future.
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Gary  Gensler

usa, District of Columbia

643 Quotes

PartyDemocratic

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