John Boozman actually said...

The CFTC's principle-based approach has proven to effectively protect consumers in the derivatives market.

The two agencies have a long history of working well together, and I will focus on the word 'well.'

We must also protect innovation and provide regulatory certainty businesses need to maintain their operations in the United States.

We have done a good job, I think, by and large, over the past 10 years implementing Dodd-Frank and Title VII.