03/25/2014
https://www.congress.gov...
"Let me ask the other four Commissioners, without naming names of staff, do you know of such instances?"
"What are you going to do about those specific instances?"
"The SEC did take action in June, and I thank you for that. It was very long in coming, going back to well before your tenure, but the SEC finally took positive concrete action."
"I certainly share Senator Shelby's and others' concerns about this significant chance, rated at a 50-percent chance, that there will have to be a taxpayer bailout in the next year."