David Scott actually said...

I struggle to understand why anyone could not be supportive of putting together regulations that incentivize more companies to clear derivatives.

Scott advocates for regulations that encourage central clearing of derivatives.

02/13/2018

More David Scott Quotes

The CFTC needs and deserves more funding, particularly at this critical time.

What will be the effect of providing no additional funding resources to the SEC and the CFTC to implement this proposal?

Well, I will tell you, it is very important that we make sure that we provide you with sufficient funding to do this very much needed job.

I would say that the market, although it is enormous, there are--the legislation consolidates a lot of this regulation into entities.