Gary Gensler, chairman of the Commodity Futures Trading Commission, said at George Washington University Law School that the agency might not have the funding needed to reach its goals. "The CFTC will continue working hard to effectively oversee the futures market and implement reforms for the unregulated swaps market," Gensler said. "But, without sufficient funding, the nation cannot be assured that this agency can oversee the futures and swaps markets and that end users get the benefit of transparent markets, lower risk and enhanced market integrity."

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