Tom Cotton actually said...

"But instead of strengthening our forces against these threats, we have seen sustained cuts to our military's force structure, modernization, and readiness."

"Over the last 7 years, in many industries, to include the financial services industry, we have seen considerable consolidation."

"It seems that it is kind of in this neither fish nor fowl category now with its relationship to the SEC."

"Although commonly perceived as a self-regulator, FINRA is not accountable to the industry in the way a self-regulator would be."