Description:Â Â Gary Gensler has his work cut out for him. As chairman of the Commodity Futures Trading Commission, he is leading the charge to overhaul the murky $600 trillion derivatives market, which was at the center of the financial crisis. The Dodd-Frank Act, the financial overhaul law enacted last year, requires Mr. Genslerâ€™s agency to draft dozens of new derivatives rules by July.
Questions for discussion:Â
- What rules do you think should be top priorities for the commission?
- Do you believe Gary Genslerâ€™s commission can succeed in changing the regulatory environment at play?
- What alternatives are there to introducing new rules for derivatives trading?