Tom Cotton actually said...

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.

This requirement is devastating for small investment firms . . . These firms are closing at an alarming rate, in part due to skyrocketing au...