Richard Durbin actually said...

So we need legislative authority to craft a program that will allow us to give whistleblowers more meaningful recovery on their claims.

The SEC never received any increased or dedicated funding to carry out these new responsibilities.

I applaud your last line of questioning and believe that you have really touched on something that is absolutely essential.

In the wake of the massive Ponzi scheme perpetrated by Bernie Madoff, the SEC has undertaken an array of reforms to reduce similar frauds.