Ed Perlmutter: “In recent years the SEC has transformed itself into a veritable judge, jury, and executioner.”

And I want to thank the panel and all your colleagues for your persistence and your perseverance with this project because it had a few ups and downs over the course of its life.

This committee has heard reports of modern-day redlining, high and misleading fees, and unfair use of credit scores.

I think you're probably right that we would have independent, productive, you know, happy people.

Thank you. I yield back to the Chair.