Mary L. Schapiro: “A stable, fair, and efficient market structure is the backbone of the equity markets and an important engine of our…”

We have worked tirelessly to make the SEC a more vigilant, agile, and responsive agency over the past 2 years.

we must close gaps in regulation, improve transparency, strengthen enforcement and establish a workable, macroprudential regulatory framework.

I think in the first instance, we have got to take care of retail investors. This is really a disgraceful situation in many ways.

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.