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  • September 11, 2013

    In His Own Words: Gary Gensler

    By Tom Braithwaite and Gina Chon in Washington

    Gary Gensler, chairman of the Commodity Futures Trading Commission, was one of the driving forces behind reform of the derivatives market. A figure who arouses both strong opposition and respect from both banks and fellow government officials, Mr Gensler is expected to step down by the end of the year.

    On improvements to the market:

    It’s a paradigm shift from a market that was largely uncleared, largely dealer-focused, not exchange-traded, the classic attributes of a dark market.

    Read Full Article on Financial Times. (Subscription required)

    Last Updated: December 27, 2013