This requirement is devastating for small investment firms . . . These firms are closing at an alarming rate, in part due to skyrocketing audit costs required by a rule that is illogical for firms that don't hold customer assets.
Cotton highlights the negative impact of audit requirements on small investment firms.
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At a time of heightened international instability, federal policy should be focused on bringing additional domestic supply to market as quickly as reasonably possible.
Securing these supply chains is critical to ensuring that our warfighters around the world have access to the most advanced equipment and technology and to ensuring that our adversaries do not gain access to U.S. technology.
Recent reporting and investigations suggest Chinese criminal networks are exploiting vulnerabilities in federal law to operate expansive illicit drug enterprises that threaten our communities and national security.
They’re not doing the work for us, and they’re getting paid a lot of money and have great healthcare and they’re voting against our interests.
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