mr. gensler. today does not appear to be that day, however. >> thank you. thank you, senator shelby. now i will briefly introduce our witnesses. mr. james w. giddens is a trustee for the securities investor protection act of mf global incorporated. lewis j. freeh is a trustee from mf global holdings, honorable gerald summers is commissioner for the commodity futures trading commission. mr. robert cooke is director of the division of trading and markets for the u.s. securities and exchange commission. mr. richard ketchum is chairman he is chairman and ceo of the financial industry regulatory authority. he is an executive chairman of the chicago mercantile exchange. i would like to ask witnesses to keep remarks to five minutes. your full written statements will be included in the areaing record. you may begin your testimony. chairman johnson, ranking member shelby and members of the committee. i take seriously a trustee of mf global links. i would like to provide a copy and of course input from regulators a lack of supervision and inattention to maintaining segregation of customer accou

mr. gensler are related to topics.he was very focused on the customer funds and he, along with his colleagues, wanted an update on where we were in conclusion. >> let me also ask you, to your knowledge, was mr. jon corzine in contact with mr. gary gensler prior to mf global declaring bankruptcy? >> i assume you're talking about in the last days? >> prior to bankruptcy. right. >> i am not aware that they had any discussions. >> so there was not any conversation jon corzine had with you about his conversations with gary gensler? >> that is correct, sir. that is my recollection. mr. gensler may or may not have been -- i'm not sure. there was a call at two clock on saturday afternoon with many regulators. i do not know if mr. gensler was on a call. >> let me ask you another question. if we go back to june of 2011, there was concern about mf global and they're dead of scripture -- they're dead exposure exposure on that? >> over a period of time, probably starting in june, or early july, there were conversations as far as th

mr. gensler. today does not appear to be that day, however. >> thank you, senator. now i will briefly introduce our witnesses. mr. james giddens is a trustee for the securities investment protection act and liquidation of mf global. louis freeh is a trustee from mf global holdings. jill sommers is a commissioner for the commodity futures trading commission. mr. robert cook is the director of the securities and exchange commission's division. mr. richard ketchum is the chairman and ceo of the financial industry regulatory authority. mr. terrence duffy is an executive chairman of the chicago mercantile exchange. i thank all of you for being here today. i would like to ask witnesses to please keep their remarks to five minutes. your fault written statements will be included into the record. mr. giddens, begin your testimony. >> chairman johnson, ranking member shall be, and members of the committee, off thank you for inviting me to testify. i take seriously my duty as the trustee of mf global inc to treat customers equitably. i would like to provide some proposals that

mr. gensler. today does not appear to be that day, however. thank you. >> thank you, senator shelbyment i will briefly introduce our witnesses. mr. james w. giddens is the trustee for the curtis investor -- securities investor protection act of mf global incorporated. the honorable louis freeh is a trustee from mf global holdings. the honorable jill sommers is a commissioner for the commodities futures trading commission. mr. robert cook is the director of the division of trading and markets for the u.s. securities and exchange commission. mr. richard -- is chairman and ceo of the financial regulatory industry authority. mr. terence a. duffy is the executive chairman of the chicago mercantile exchange. i thank all of you, again, for being here today. i would like to ask the witnesses to, please, keep your remarks to five minutes, your full written statements will be included in the hearing record. mr. giddens, you may begin your testimony. >> chairman johnson, ranking member shelby and members of the committee, thank you for inviting me to test

mr. gensler. today does not appear to be that day, however. >> thank you, senator. now i will briefly introduce our witnesses. mr. james giddens is a trustee for the securities investment protection act and liquidation of mf global. louis freeh is a trustee from mf global holdings. jill sommers is a commissioner for the commodity futures trading commission. mr. robert cook is the director of the securities and exchange commission's division. mr. richard ketchum is the chairman and ceo of the financial industry regulatory authority. mr. terrence duffy is an executive chairman of the chicago mercantile exchange. i thank all of you for being here today. i would like to ask witnesses to please keep their remarks to five minutes. your fault written statements will be included into the record. mr. giddens, begin your testimony. >> chairman johnson, ranking member shall be, and members of the committee, off thank you for inviting me to testify. i take seriously my duty as the trustee of mf global inc to treat customers equitably. i would like to provide some proposals that