Remarks of Chairman Gary Gensler, American Bar Association, Committee on Derivatives and Futures Law

CFTC Speeches

The CFTC Chairman, addressing the ABA Committee on Derivatives and Futures Law discusses implementation of Dodd-Frank and repeats his theme that "the American public benefits most when markets are transparent, open and competitive. The U.S. swaps market today does not have these features. Rather, it has been opaque and concentrated amongst a small group of dealers. It was the intent of Congress in passing the Dodd-Frank Act to bring diversity and sunshine to the market. It is our mission at the CFTC to fulfill Congress's mandate."

Date

February 4, 2011

Cross References

Dodd-Frank Act, Title VII