Mary L. Schapiro: “the success of the Dodd-Frank Act will rise or fall depending on the commitment and enthusiasm of the various agencies…”

I believe we need a deeper understanding of the strategies and activities of high-frequency markets and traders and the potential impact on our markets and investors of so many transactions occurring so quickly.

Thanks to the strong support that this subcommittee has provided, the SEC has begun to rebuild that confidence by making needed and significant changes to virtually every aspect of our operations.

I believe we can make tremendous use of tips and complaints from whistleblowers.

This year we find ourselves at a critical juncture, and that is because the Congress has challenged us not only to continue our reform efforts.