Gary Gensler, chairman of the US Commodity Futures Trading Commission presented the 2013 Annual Glauber Lecture on Financial Regulation. Gensler elaborated on the changing and expanding roles of his commission and the recent achievements of the institution despite the fact that its size has remained the same as the markets it regulates have continued to expand. He also shared personal experiences ranging from transitioning from the private sector to the public sector to his inspection of Long Term Capital Management, and engaged in a lively conversation with the audience. Robert Glauber of Harvard Kennedy School opened the program and moderated the event.