Tom Cotton actually said...

This requirement may seem harmless or obscure, but in fact it has increased the cost for small broker-dealers quite a bit.

the cyber threat is nearly unique among all threats that our companies and investors face.

In hindsight, I think Congress pretty clearly overshot the mark when they included small noncustodial firms.

I want to turn now to legislation I have introduced with Senator Jones, the Small Business Audit Correction Act.