Feb 24, 2009
All of us that were involved at the time--and certainly myself--should have done more to protect the American public through aggressive regulation, comprehensive regulation.
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
Feb 24, 2009
I believe that a great deal needs to be done with regard to the over-the-counter derivatives marketplace.
Feb 24, 2009
I believe that the entire over-the-counter derivatives marketplace, we need to bring those standardized products onto centralized clearing.
Feb 24, 2009
I think that all of the markets that the CFTC has oversight for, futures markets and hopefully these other over-the-counter derivatives, where there is something of finite supply, it is susceptible, that underlying product is susceptible…
Feb 24, 2009
That large and vibrant market is part of, I believe, the American success. And we should recognize that and put the burden on those who are suggesting changes and further regulation, put the burden on them before we tamper on some of the…
Feb 24, 2009
I firmly believe that strong, intelligent regulation with aggressive enforcement is what our economy needs and benefits the public.
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