i had this question for you, chairman gensler. since the collapse of mf global hysteria fingering question on a lot of people's minds come to something like this. are there any of their friends out there that are going to go bust? .think -- dodd-frank regulation required a whistleblower access and this is officially put in place last year nearly. so my question since the opening of the whistleblowers office at cftc, have complaints been made about inappropriate activities are going on at any future firms? if so, how many active cases does the whistleblower office that are looking into claims of impropriety? do you think that the cuts are not mapped to raise awareness in the futures industry that the whistleblower office exists and what the function in the office is supposed to be to encourage people to come forth? >> i thank you for your support because it's an import in office. it has been set at. there's a fund set aside with money. with this settlement and libel are case with barclays, the fund will be up to the full maximum co

i had this question for you, chairman gensler. since the collapse of mf global hysteria fingering question on a lot of people's minds come to something like this. are there any of their friends out there that are going to go bust? .think -- dodd-frank regulation required a whistleblower access and this is officially put in place last year nearly. so my question since the opening of the whistleblowers office at cftc, have complaints been made about inappropriate activities are going on at any future firms? if so, how many active cases does the whistleblower office that are looking into claims of impropriety? do you think that the cuts are not mapped to raise awareness in the futures industry that the whistleblower office exists and what the function in the office is supposed to be to encourage people to come forth? >> i thank you for your support because it's an import in office. it has been set at. there's a fund set aside with money. with this settlement and libel are case with barclays, the fund will be up to the full maximum co

i had this question for you, chairman gensler. since the collapse of mf global hysteria fingering question on a lot of people's minds come to something like this. are there any of their friends out there that are going to go bust? .think -- dodd-frank regulation required a whistleblower access and this is officially put in place last year nearly. so my question since the opening of the whistleblowers office at cftc, have complaints been made about inappropriate activities are going on at any future firms? if so, how many active cases does the whistleblower office that are looking into claims of impropriety? do you think that the cuts are not mapped to raise awareness in the futures industry that the whistleblower office exists and what the function in the office is supposed to be to encourage people to come forth? >> i thank you for your support because it's an import in office. it has been set at. there's a fund set aside with money. with this settlement and libel are case with barclays, the fund will be up to the full maximum co

along with gary gensler we now know that these guys are lockstep marching to the tune set by the banking industry that they're supposed to oversee but this so moment it relation fact is the inverse of the live for interest rate manipulation library interest rate manipulation its chief purpose is to support the us dollar by allowing for hundreds of trillions of dollars worth of on collateral as nonsensical paper pulled out of ben bernanke spanked or to support the balance sheet system of banking which is worth exactly zippo the inverse of that is so over and gold which would put the co bosh on these terrorists as i call them in a it's an apt term. the all laws that would be applied toward terrorists should apply toward bernanke in jamie diamon but you have the situation stacey of the silver vigilantes are up there we will try and that's why i've got my silver here now you mention the word vigilante and of course because the regulators the department of justice those who are supposed to enforce the law will never find evidence they they didn't find evidence when lloyd blankfein sat in fron

doesn't know what's going on jamie knows by masters now gary gensler head of the c.s.t. senos bar chilton doesn't know what's going on just same through the box office futures contracts he was lobbied by the m.p.a. to outlaw boxoffice future. contract's i knew about it because i knew about cantor entertainment the spin off of cantor fitzgerald i've got more better sources than bart shelton who's a long haired blonde bimbo who goes on t.v. pretending as though see if you see as a regulator of some sort in the guise of complete you know waste of time this is why this show like kaiser report is so dangerous because you prompted this headline you forced j.p. morgan right after they mention you not by name they immediately after say in an interview in april with c.m.t. c blith masters head of commodities trading at j.p. morgan denied any of the silver manipulation story so of course they go on to you know bimbo t.v. like c m b c where you know the male audience is going to be distracted by the boobies on display and not know the truth as they are going to find here you know t

at german gensler's request the commission staff developed recommendations for enhancing commissions and designated a self-regulatory organization programs related to the protection of customer funds which includes changes to the commission rules governing futures commission merchants enhanced commission oversight of the csrl and possible statutory changes among other things. we must do everything in our power to restore confidence in that you futures markets so producers, processors and other end users of commodities can once again hedge the price risk without fear of the funds being frozen or lost. november 9th 2011 the commission voted to make me the senior commissioner with respect to the global matters. this authorizes me to exercise the executive and administrative functions of the commission solely with respect to the pending enforcement investigation, the bankruptcy proceedings and other action to lowercase recover customer funds or determine the reason for the shortfall. while i am unable to discuss the specifics of our ongoing enforcement investigation, i will provide a bri

. >> i'm doreen gensler. severe weather is rolling through our area.he scene in rockvirlle. the storm knocked down trees and knocked out power to thousands. >> at the height of this storm, there were 10,000 outages. right now, 5300 customers still in the dark. bge reports 640 outages, the majority of them are in baltimore county. dominion reports 100 outages. >> the weather had an impact on air travel. nearly 500 flights cancelled nationwide. right now, delays are up to an hour. the worst of the system isn't over yet. here's doug tracking the conditions. >> no, not at all. i think we have a very busy next 24 hours or so across our region. still, some sthuthunderstorms cg through parts of the area and then back towards west virginia and the i-81 corridor. that was the area that was hit very, very hard with hail and flash flooding and a ton of rain and lightning. a fairly strong storm here in portions of loudoun county. let's take you right in, you can see right around the warrington area. right around 66. that's where we're seeing the heaviest rain righ

own is that it funny that the guy who's the head of the commodities futures trading commission gary gensler was also a guy from the goldman sachs gang and under the tutelage of course zine when he was the c.e.o. of the goldman sachs gang it's one big club and we're not in it let's call it what it is it's the merger of state and corporate powers call fascism and under a fascist regime the little people. gets slapped down it will and all the guys at the top of the chain the the the mafia the banking mafia and the the political dawns they all get a free ride how much more proof do you need again go outside the banking industry look at glaxo smith kline look at merck look at johnson and johnson have you seen one head were all oh yeah the government collects money so they could pay their guys and keep getting more money to keep their game going and none of the big heads roll oh and by the way if you get caught stealing that chicken sandwich three then it's streets strikes you're out and now you have to live with some guy that got caught selling you know now and so we so let's put this into persp

which is a massive violation of regulation and has rocked the confidence in these markets here's gary gensler chairman of the commodities futures trading commission talking about it it's with these critical markets futures markets and ultimately in the swaps market as well the customers need to be able to hedge the risk lock in the price of corn or wheat or an interest rate. so these are incredibly important and when it comes to swaps part of dodd frank was supposed to be moving over the counter swaps to regulated exchanges so that they are at these dark opaque deals and it's taking what seems like forever regulators just recently decided on what the definition of a swap is now our guest has been involved in all s. aspects of credit trading so i want to ask him how significant would it be to restoring faith in the financial system and reigning in massive risk taking if this transition occurred or had occurred much earlier let's bring back peter chair founder of t.f. market advisors and i'm really glad to have you want today because this conversation is going on up on the hill about swaps in t

. >> i'm doreen gensler.heartache, redemption, games of 309xxx olympiad are history. london said good-bye showing off its artists. >> athletes paraded off. the flag was handed to rio. tracy potts has our report from london. >> it has been a long journey for us all. this game was fun. a challenge. we stepped up. >> reporter: u.s. men's basketball team eked out a win over spain and another wrestler landed on top, adding to america's medal count. 46 gold. 104 in all. more than any other country. >> it was the fight for your country. it means a lot. hopefully people in the states appreciate it. >> with the marathon and other events now over, london ended its xxx olympiad with british culture and song. ♪ we will we will rock you >> the finale smaller and less dramatic than its opening, but nonetheless entertaining. london brought out some of its most popular artists past and present. one direction, george michael, and a reunion of the spice girls. ♪ you want to get with me >> winners, losers, marched in together n

this question i asked chairman gensler on this first panel. went to have access will you be able to monitor and fcm for unusual daily activity? >> is speediest that form a? >> anybody on the panel. >> you have already gone into the insurance question, which i truly appreciate, but i guess that would be for anybody who wants talk about it. mr. rossi want to take that one? >> i believe that direct on-line access could be helpful under those types of circumstances and when a firm was under financial duress, i think we would be making much greater use of actual -- tool checking several times during the day to make sure that the deposits are as reported by the firm and if there were fluctuations in those balances intraday, it could raise a red flag and create suspicion. with the funds are going down and miraculously at the end of the day they pop back up i think that would be something that would draw the tension of the regulator. >> ms. subfor you are certainly a feisty advocate on behalf of the organization. i am fully appointed with a nick thank