Thank you. It is a pleasure to be here with you all to chat about some of the key issues facing the futures and swaps markets and the steps that the CFTC has taken to address them. It is my hope that many of these subjects will be of interest to you. After all, as we are all increasingly learning, the problems that one country’s markets face are rarely confined to just that country. Instead, market regulation is increasingly something that requires communication and agreement between different nations or even broad-based multilateral agreements to be done effectively.
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