Having gone through a lot of challenging negotiations with the Chinese authorities over a separate matter around auditing and inspecting auditors, I share your concern because it is quite a challenge.
Gensler acknowledges the difficulties in regulating Chinese firms operating in the U.S.
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The SEC now, though, is just about 3 percent larger than it was 7 years ago, in 2016, in terms of headcount.
Thus, I just want to--the testimony that I submitted for the record is the full President's budget request.
If this committee were to see fit, and want us to have more resources, we could use them.
We are a disclosure-based regime, and so when the investing public is anticipating profits based on the efforts of others, it is best that those others, you know, give full, fair, and truthful disclosure.
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