We have come forward with proposals. These are not final rules, but we have proposed that exchanges and clearinghouses have to have new pre-trade risk filters and pre-trade risk co...
I think the downside is if we do not protect our markets, the price discovery and the integrity of these markets are weakened.
I think our financial system failed in part because our regulatory system failed in 2008.
I voted for the rule. I did because I think Congress mandated that we do it, but I also believe that it helps promote the integrity of marke...
I do not think that there is any taxpayer money behind this.
No, I think this was an example, actually, of a financial institution having the freedom to fail.
I thank you for inviting me here today to talk about the changing nature of the derivatives markets and on position limit rules.
8 million Americans are out of work today because of that.
I think we saw some of the downside of weak regulation in 2008.
I think, frankly, this would have to be a little bit more evidence-based, if we saw something in our futures markets we oversee or a whistle...
I think at our core is to ensure that the markets are free of manipulation and fraud.