"To really protect the customers and to punish these violators and manipulators, do you all agree or disagree... that we should bring criminal charges..."
"I think what is important here, the Commission's interpretation of 'at all times,' you heard the gentleman to my far left make a comment about how they can't complete--they cannot comply with such a r..."
"We support regulations designed to enhance customer protections in the event of a failing futures commission merchant."
"Nothing is more effective than vigorous prosecution of existing laws."
"Unfortunately, it is in an area in which we have seen several startling lapses in oversight recently."
"Today's hearing is one of the final pieces in our effort to prepare for the coming Commodities Exchange Act Reauthorization."
"Ultimately, the strongest deterrent you can have is criminal enforcement of rules."
"So, as we do not have the FIA here to testify, can you explain to the Committee how this proposal accomplishes what the CFTC is aiming for in its proposed rule, without the cost that everyone here has..."
"TRIA prepares for the storm before the hurricane is raging."
"We owe it to the American people who are themselves the targets, not knowing when, not knowing where, not knowing who."
"It is very important to point out that TRIA has provided a necessary service at nearly zero cost to the taxpayers."