Political Quotes

Ed Royce: There have been many failures at the SEC over the last several years, and despite our hearing testimony from people like…

On the recordApril 24, 2012
There have been many failures at the SEC over the last several years, and despite our hearing testimony from people like Harry Markopolos about the over-lawyered culture at the SEC and the 'investigative ineptitude'--in his words--last Congress, Dodd-Frank rewarded the SEC with additional authority without looking at the fundamental problems within the agency.
Said by
Ed Royce
Republican · California

Editor's note · Context

Criticizing the SEC's failures and the additional authority granted by Dodd-Frank.

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