"it is pretty clear to me the extreme risk and cost that comes with not having the harmonization not just the U.S. markets, but the global markets"
"Right now, the Defense Department allows this sort of partnership arrangement. A lot of the EU and the UK allows this type of partnership arrangement."
"As a former Commissioner and Chairman of the CFTC, having access to that kind of technology would be tremendous in a way that will better the markets, further the public interest."
"When I say the best path forward is to take a step back, a step forward on EMIR 2.2 triggers what others have been referring to as the arms race."
"Implementing EMIR 2.2 in a way that would disrupt our existing equivalency agreement would trample on our previously shared principles."
"We share common interests and common values, and we need each other. And while we need each other now for economic growth, we will need each other more in the case of a financial crisis in any one of ..."
"It is pretty clear to me the extreme risk and cost that comes with not having the harmonization not just the U.S. markets, but the global markets."
"I think that is going to be a challenge for all of us to look at."
"We can't talk about that without discussing the European Commission's potential divergence from what was a hard fought 2016 equivalency agreement."
"Open markets and financial stability should be our goals."
"When there is uncertainty, there will be less liquidity, and when there is less liquidity, there is more risk for those who are driving our economy."