Gary Gensler
speaker
649 appearances
2 recordings
1 series
first heard Aug 2026
last heard 3d ago
Gary Gensler’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
Sports betting, that is.
Well, that's a product argument.
That's not a legal argument.
In terms of the law and where they're just completely mistaken, with all respect, is that the law that was passed in 2010 and defined swaps was neither venue specific nor was it counterparty specific.
So you might say, Oh, my counterparty is a dealer.
They're the
House.
By the way, that's called Goldman Sachs.
That's called JP Morgan.
If you enter into an interest rate swap with JP Morgan, JP Morgan is the house.
If you follow what I'm saying?
Yes, I do.
And so they don't have to resell.
You can call three places and get three quotes for interest rate swaps or credit defaults.
Swaps.
So I think they're wrong on the legal argument, on venue.
And I'll say one other thing.
Sports betting is swaps.
This is an interesting thing.
I testified in Congress 54 times during the Obama administration.
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