But I would also note that in the Senate Agriculture Committee bill, there is a fiduciary duty that swap dealers owe to pension plans and municipalities, and that seems to me to be a very good idea.
Supports the inclusion of fiduciary duties for swap dealers in financial legislation.
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More from Mary L. Schapiro
I commend Congressman Westmoreland and Ranking Member Frank for bringing forward bipartisan legislation, H.R. 3503, to bring transparency to the PCAOB's disciplinary proceedings.
I believe that the definition of 'accredited investor' as it stands today does a poor job of screening out people who are unsophisticated.
These are critically important goals, and I support robust implementation of the Dodd-Frank Act's whistleblower program to support Congressional intent.