Ted Kaufman: “Good fences make good neighbors, and I think good regulators work best when they have bright-line rules on what is OK…”

I think disclosure is really the root of a lot of these problems.

It's only fitting that, at a crisis past, a government should set aside its crisis authorities.

We have developed a cooperation program at the SEC where we can now offer reduced sanctions in exchange for insiders who come forward and provide us with information.

I think this is all the ability to know you just cannot have two different sets of rules for people, and if you are powerful and you have got money and you have got good accountants and good lawyers, you can get away with something that…