On the recordNovember 30, 2011
I think it is a fair debate that we are currently having as a society where the level of homeownership should be.
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congress.govI think it is a fair debate that we are currently having as a society where the level of homeownership should be.
Capuano reflects on the societal debate regarding acceptable homeownership levels.
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Unfortunately, H.R. 5037, seems to be aimed directly at the Martin Act, and by preempting these State laws, the bill would allow small-time fraud to run rampant.
I do believe discrimination exists. I do believe economic disparity is growing.
I believe that fraud is fraud, and that States should be free to regulate any form of securities fraud that they see fit.
I get that. Then why don't we have a bill just to stop New York State from doing this and leave the other 49 to do it? Leave Alabama alone.