Political Quotes

Gary Ackerman: “We would be naive to consider proposals for regulating and clearing OTC products without also establishing a regulator…”

On the recordJune 8, 2009
We would be naive to consider proposals for regulating and clearing OTC products without also establishing a regulator to protect our markets against systemic risks.
Said by
Gary Ackerman
New York

Editor's note · Context

Ackerman emphasizes the need for a regulator to manage systemic risks in OTC derivatives.

Share

More from Gary Ackerman

Sep 10, 2012

Ask not who the guilty party is; it is you. It is us. It is this committee.

congress.gov
Sep 19, 2012

I still find it intriguing that people who are such really brilliant thinkers will sometimes reach conclusions that one might legitimately disagree with.

congress.gov
Sep 19, 2012

Let's discredit the administration instead of 'Let's fix the Middle East.'

congress.gov
Dec 19, 2012

We need two viable political parties in this country to make our democracy work.

congress.gov

Other voices in this conversation