Summit Notebook

Exclusive outtakes from industry leaders

CFTC’s Gary Gensler just one of the “Little Monsters”


Christopher Doering found there is more to the CFTC chairman than markets.

MUSIC-GRAMMYS/When he’s not scaring Wall Street and big banks to make sure they follow the rules, there’s a chance the head of the U.S. Commodity Futures Trading Commission is moonlighting as a “Little Monster.”

The haunting moniker, used by American pop singer-songwriter Lady Gaga to describe her fans, aptly applies to the hard-working Gary Gensler who was among the thousands of fans who attended the popular performer’s show in Washington last week.

“Do you want to know how Lady Gaga was?” he asked reporters at the Reuters Future Face of Finance Summit.

“It was terrific. It was really terrific,” said Gensler. He did not go to the show with his three daughters, but shied away from identifying his concert-going companion(s).

Senator Reed sees need for speed to chase bad guys


Ann Saphir takes a look at Senator Jack Reed’s comments on cars and trading.

With traders buying and selling at dizzying speeds these days, underfunded U.S. regulators can’t hope to keep up unless they get more funding, better resources, and faster technology — think cars,  Democratic Senator Jack Reed says.