Mary L. Schapiro: “Chairman Gensler suggests that legislation should provide for an insolvency framework that protects first and foremost…”

Following the biggest financial crisis since the Great Depression, Congress passed legislation that is already reshaping the U.S. regulatory landscape.

Absolutely not, and I put out a statement to try and make that quite clear that we do not time our enforcement actions by the legislative calendar or by anybody else's wishes.

There is a conflict of interest there, and so the Dodd-Frank Act did a couple of things to help us address that.

I believe that the definition of 'accredited investor' as it stands today does a poor job of screening out people who are unsophisticated.