I think if the SEC and the CFTC don't harmonize their rules, just to give you a real-world experience, you could have a credit default swap desk in our corporate area, where a single broker who brokers both credit default swaps and indices following, two sets of rules.
Hensarling discusses the complexities of differing regulations between SEC and CFTC.
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Mr. Speaker, I am now very pleased to yield 2 minutes to the gentleman from Louisiana (Mr. Scalise), the majority whip.
Mr. Speaker, I yield 1 minute to the gentleman from Illinois (Mr. Hultgren), who is the vice-chairman of our Capital Markets, Securities, and Investment Subcommittee. Mr. Hultgren is the lead sponsor of two provisions of the bill, H.R…
I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.
Mr. Speaker, I yield 1 minute to the gentleman from Pennsylvania (Mr. Rothfus), the vice chairman of the Financial Institutions Subcommittee.
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