David Scott actually said...

"not affordable, we're not going to buy it, and it's going to just fall by the wayside like it has at a different time 2 years ago."

"If those involved in the financial collapse had responded appropriately to market indicators and had refrained from unsound lending practices, we would not have experienced a crisis so severe."

"Shouldn't futures clearinghouses and derivative clearinghouses be treated the same?"

"First of all, Mr. Gensler, let me ask you. I have heard from a few of our market participants that the CFTC's proposed rule on margin segregation is highly problematic, and perhaps unnecessary."