09/03/2024
https://congress.gov...
"Will it be the FDIC?"
"But structurally, that's always what we believe about banks, that if we go to get our money, it will be there."
"Ms. Porter has a bill that would strengthen the SEC civil penalty authorities by increasing the size of the penalties and by authorizing the SEC to seek different kinds of penalties for different kind..."
"The SEC's penalty scheme is outdated and it is ineffective in disincentivizing bad behavior."