Any additional changes to Dodd-Frank's derivatives rules needs to satisfy, in my opinion, a high burden of proof for me to support rolling back rules on the derivatives market just because they are inconvenient for some institutions.
Capuano emphasizes the need for strong justification before altering Dodd-Frank derivatives regulations.
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Yet another option, tolling. Let's deal with that one and see where the American people stand on tolling.
I have been working with and plan to work with Ranking Member DeFazio and my Democratic colleagues to develop a plan that does attract bipartisan support.
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.
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