Elizabeth Warren actually said...

"For the proposal to help customers make good decisions, they need first to understand the difference between a broker and an investment adviser."

"As you know, right now investment advisers are subject to what is called a fiduciary standard."

"So one option would simply be to make brokers subject to the same fiduciary standard that investment advisers are subject to, but you did not do that."

"A decade ago, the regulators in the Bush administration failed the country, and the price was enormous."