Statement of Chairman Gary Gensler on the Wall Street Transparency and Accountability Act of 2010

April 16, 2010

Chairman Lincoln has released a strong bill that would establish essential protections for the American public. The bill would comprehensively regulate over-the-counter derivatives dealers and require standardized derivatives to be traded on transparent trading platforms and cleared through central counterparties. I look forward to continuing to work with Chairman Lincoln, the Senate Agriculture Committee and the full Senate on this important legislation.

Last Updated: June 14, 2010