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Gary Gensler

Money Manager Accused Of Threatening To Kill 47 Regulators

Posted 05.25.2011 | Business

NEW YORK, Jan 14 (By Jonathan Stempel) - A New York money manager with a long history of legal battles with the government has been charged with threa...

Government Regulator Crafts New Derivatives Rules With Outside Help

Paul Blumenthal | Posted 05.25.2011 | Business
Paul Blumenthal

The Commodity Futures Trading Commission (CFTC) has been tasked, along with the Securities and Exchange Commission (SEC), with setting new rules governing the transparent trading of derivatives for the first time.

Who Will Replace Larry Summers? The Possible Candidates To Head White House Economic Team (PHOTOS)

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As pundits produce unofficial lists of candidates to replace top White House economic adviser Lawrence Summers -- who will leave the White House to re...

Elizabeth Warren and the Definition of 'Controversial'

David Sirota | Posted 05.25.2011 | Politics
David Sirota

Over the last few days, Connecticut Senator Chris Dodd and Treasury Secretary Tim Geithner have made the case that Harvard professor and Congressional...

Obama's Last Test

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

If in a year Elizabeth Warren and Gary Gensler are gone, then you know that financial reform was all a sham. You'll know the character of Obama by the people he chooses. And you'll also know the economic fate of our country.

Wall Street Reform Bill Could Be a Big Win for the Farm Belt

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

In a big win for American farmers, consumers and even import-reliant African nations, the Wall Street reform bill winding its way though Congress has unique provisions that apply to food and energy speculation.

Shahien Nasiripour

EXCLUSIVE: Two Leading House Dems Will Close $50 Trillion Loophole In Derivatives Reform Bills | Shahien Nasiripour | Posted 11.18.2009 | Business

The two House Democrats shepherding derivatives reform proposals through Congress will close an existing $50 trillion loophole for foreign currency co...

'Accountants' and Lawyers' Welfare Act of 2010': Financial Reform Rife With Loopholes | Michael Hirsh | Posted 05.25.2011 | Business

President Obama and leading Democrats are calling the "Restoring American Financial Stability Act of 2010" the greatest overhaul of Wall Street since ...

Shahien Nasiripour

Gary Gensler, Top Regulator, Says Some Derivatives Should Be Illegal | Shahien Nasiripour | Posted 05.25.2011 | Business

In a move that could rattle Wall Street and upset bank-friendly Democrats, the top federal regulator overseeing much of the derivatives market says th...

Mary Schapiro: Trading Rules Need 'More Clarity'

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The Securities and Exchange Commission will propose new rules covering cancellation of trades in the wake of the May 6 stock market...

AP: U.S. Warns EU That A Derivatives Ban Won't Work

AP | LESLIE PATTON | Posted 05.25.2011 | Business

BRUSSELS — Europe's threat to ban the sort of financial derivatives trading that some blame for worsening Greece's debt crisis wouldn't work, a ...

Gary Gensler of the CFTC: Reformer or Wolf in Moth Eaten Sheep's Clothing?

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

While Gary Gensler and his CFTC Vaudeville act continue to fiddle away, their distortion in oil prices is burning a billion dollar hole a day in American consumers pockets.

Gary Gensler, Former Goldman Partner, Leads Derivatives Reform Effort As CFTC Chair | GRAHAM BOWLEY | Posted 05.25.2011 | Business

Former Goldman Partner Gary Gensler, Graham Bowley writes, is "emerging as one of the nation's archreformers, pushing to impose some of the most strin...

Credit-Default Swaps | Zachary A. Goldfarb and Steven Mufson | Posted 05.25.2011 | Business

Europe moved ahead of the United States on Tuesday in advocating new measures to ban certain types of financial speculation after concerns surfaced th...

Defusing "Financial Weapons of Mass Destruction"

Jason Paez | Posted 05.25.2011 | Business
Jason Paez

Buying a five year naked CDS is like buying life insurance on a stranger. It is not legal for individuals and should be treated similarly for companies.

How to Regulate Derivatives: Barry Ritholtz

The Big Picture | Barry Ritholtz | Posted 05.25.2011 | Business

Any plan that seeks to reverse the unregulated wild west that derivatives have existed in since 2000 must have a simple beginning: Repeal the Commodit...

Barney Frank Says He Will Reconsider Derivatives Rules, Acknowledges 'There May Be A Problem' | Michael Kranish | Posted 05.25.2011 | Business

WASHINGTON -- House Financial Services Committee chairman Barney Frank, under fire from some fellow Democrats and consumer groups for carving out what...

Top Derivatives Regulator: "We Haven't Filled The Gaps"

The Huffington Post Investigative Fund | Ben Protess and Lagan Sebert | Posted 05.25.2011 | Business

Gary Gensler, the top regulator of the commodities markets, sees the U.S. financial system still "vulnerable" to the murky world of privately negotiat...

Exceptions To Derivatives Trading Rule Dilute Regulation

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

Derivatives regulation has been on the nation's financial reform agenda for months. Undoing the Clinton-era law that exempted swaps from oversight is ...

Shahien Nasiripour

Derivatives Just "A Sophisticated Form Of Gambling," U.S. Senators Say; Propose Bill Allowing State Gambling Laws To Apply | Shahien Nasiripour | Posted 05.25.2011 | Business

In describing the complex and little-understood world of derivatives trading as "a sophisticated form of gambling," three U.S. Senators proposed legis...

Obama Proposes New Derivatives Controls

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The Obama administration on Tuesday sent Congress legislation seeking to impose broad new oversight on derivatives, the complex fin...

Government Considers Limits On Energy Trading

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — With consumers hit by oil price swings, federal regulators may be moving toward imposing limits on speculative energy trading, whic...

Gensler Confirmed as Head of the CFTC - Will He Be Watching Oil Prices?

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Gensler will have to move away from the agency's "head in the sand" policy of recent years, while defending commodity futures trading against accusations of undue influence.

Ryan Grim

White House, Sanders In Talks Over Controversial Nomination | Ryan Grim | Posted 05.25.2011 | Politics

The White House and Sen. Bernie Sanders, a Vermont independent, are in talks to resolve differences surrounding a controversial nomination to the Comm...

Obama's Toxic Advisers

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

Like most Americans, I am eager for Obama to succeed, but I see the nomination of Gary Gensler as further evidence that the president has entrusted his economic policy to the wrong people.