I think it was to ensure that the American public gets the benefit of transparency and lower risk because firms will fail in the future.
Hedging really does have to lower risk. That is what Congress wanted.
The bank is overseen by bank regulators, but under Dodd-Frank the market regulators, as market regulators, we will stand up and oversee swap...
It is going to get better, but underfunded, it is stretched and thin, and something is going to give.
The Commission has taken a number of actions to facilitate implementation of Dodd-Frank regulations.
Good morning Chairman Johnson, Ranking Member Shelby and Members of the Committee.
This market that Congress has asked us to oversee helped cause a crisis.
I think in a targeted way, I am just talking about the CFTC because I think, Congressman, you and I probably share the view that we need to ...
We cannot afford to ignore our country's fiscal reality by failing to make difficult decisions to address our debt and deficit problem.
So, in 2012, CFTC will finish implementing the Dodd-Frank Act rules.
It's about helping producers, merchants, farmers, and commercial companies in your States to use these futures and swaps.