Last year, only 8 percent of investment advisers were examined by the SEC.

We believe the Commission should first determine whether more reforms are needed...

How the SEC spends its money is a reflection of the Commission's priorities...

The Dodd-Frank Act expanded the SEC's authorities and responsibilities, requiring the Commission to promulgate 123 rules...

This recession is different, and the difference is there's no recovery. And that is a historic difference. Now, what is different about this recession and all our other recessions when we had a recovery is government policy. Government…

If the OFR is going to stockpile sensitive financial information, then it needs to make sure the data stays out of the hands of hackers, criminals, and those who would do this country harm.

It is very disappointing, however, that Treasury refused to make Dr. Berner available today to address these questions.

I yield 3 minutes to an outstanding freshman on our committee, the gentleman from Tennessee (Mr. Fincher). Everyone speaking on our side has worked very hard on these bills or spent a lot of time, as have many of our Democratic colleagues…

Let me say this. The gentleman from Connecticut mentioned crowdfunding, and I think that was what gave us more concern than anything else, some of the things he said about the Internet people making an investment being subject to fraud…

At this time, I yield 4 minutes to the gentleman from North Carolina (Mr. McHenry). Again, this is a bill that several Members worked very hard on, and he is very knowledgeable on these bills. Mr. McHENRY. I thank the chairman, and I…

Thank you, Chairman Neugebauer, for convening this hearing to examine events in the tumultuous final days of MF Global. I commend you for the subcommittee's continued careful and comprehensive review of the facts.

At this time, I yield 1 minute to the chairman of the Subcommittee on Financial Institutions, the gentlelady from West Virginia (Mrs. Capito), who also worked very hard on this legislation.