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The content is licensed under Creative Commons, and support for MIT OpenCourseWare allows free access to educational resources. In this session, Gary Gensler discusses clearing and settlement systems. He references Jeff Sprecher, who operates major clearing houses at the Intercontinental Exchange. Sprecher expressed uncertainty about using blockchain for clearing and settling but shared insights on a Bitcoin project. The discussion aims to explore potential innovations in clearing and settlement systems, suggesting there may be opportunities worth examining further.