Jul 20, 2011
I think we are on track to do what Congress intended us to do, but we are delayed.
Gary Gensler
The Public Record
Gary Gensler is the current Chair of the U.S. Securities and Exchange Commission (SEC), having been appointed by President Joe Biden in April 2021. A member of the Democratic Party, Gensler has a background in finance and public service, previously serving as the Chair of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014. He is known for his focus on financial regulation and consumer protection, emphasizing the importance of transparency and fairness in the financial markets. Gensler has also been a professor at the MIT Sloan School of Management, where he taught courses on blockchain technology and digital currencies.
congress.gov
Jun 14, 2011
I think that Title VII, the derivatives title, was necessary. I think that the American public remains exposed today and unprotected because the market.
Jun 14, 2011
I think what we are looking at and what Congress asked us to look at is if it has a direct or significant effect on U.S. commerce or the U.S. economy.
Jun 14, 2011
I am committed to take a look in November to see if there are things that we should do.
Jun 14, 2011
Well, I think that what happened in 2008 and what was addressed by Congress was to ensure that the transparency comes to these markets and we lower risk in the markets if U.S. commerce is affected.
Jun 14, 2011
I think it was the clear intent of Congress that pensions would be able to use swaps to hedge their risk.
Jun 14, 2011
We worked to comply with the cost/benefit considerations as laid out by Section 15(a) of our statute.
Jun 14, 2011
I think that Congress took a balanced approach in Title VII and that there is going to be more transparency and more competition in a marketplace.
Jun 14, 2011
Just because he was in London, it was the American taxpayers that ended up on the hook for $180 billion.
Jun 14, 2011
With all respect, I think that the Dodd- Frank derivatives title was very necessary.
Jun 14, 2011
I think what you have described is a hedge, so--and I think that is my answer.
Jun 14, 2011
One of the critical components of the Dodd-Frank Act is that Congress mandated that we, as the Senator says, get this done.
May 24, 2011
It is our understanding that there is an exemption for end users vis-a-vis margin.
May 11, 2011
the coordination of the FSOC agencies will continue to be a vital consideration.
May 11, 2011
I look forward to continued work on coordination with FSOC with respect to money market funds.
May 11, 2011
the Commission recognizes the importance of monitoring systemic risk and promoting financial stability.
May 11, 2011
we look forward to working closely with Congress to continue addressing these critical issues.
Apr 11, 2011
I think that markets work best when they are transparent, open, and competitive.
Politicians like Gary Gensler
