Gensler calls for end to financials’ information advantage

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Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), said trading requirements contained in both versions of the US financial reform bill should be upheld when legislators meet this month to debate the final version of US financial reform legislation.

“Every exemption, exception or loophole could weaken the legislation, leave risk in the system and strengthen Wall Street’s information advantage,” he said in speech to the Sandler O’Neil Global Exchange and Brokerage

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