CFTC's Gensler seeks more competition in derivatives market

03/2/2011 | ForexYard

Gary Gensler, chairman of the Commodity Futures Trading Commission, said the agency is trying to bolster competition in the derivatives market. However, Gensler acknowledged that it will take some time to implement the Dodd-Frank Act. "I think Congress' intent was to open it up. We'll see how successful. You'll get to judge that in a few years," Gensler said.

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