I think that end-users will benefit and actually take some of the cost out of the system for them by the transparency.
I think actually it will enhance liquidity. That when you bring transparency to markets, as was done through the Securities and Exchange Act...
I mean that was one of the features that I am glad to have the right staff here.
I think that our two agencies need to do a far better job where we have joint oversight.
I think it is something appropriate for Congress to take up.
We are trying to promote competition amongst exchanges and trading venues.
I think that goes a far way to the Congressman's question but also to have the ability to set aggregate position limits, not only in the fut...
let's bring regulation to the over-the-counter derivatives.
I believe that we want to protect the American public, that non-bank derivative dealers do have some capital behind what they are doing.
I think that the oversight of the financial institutions who are swap dealers would still be the traditional prudential regulators.
I think that it will bring greater transparency to energy markets.