Political Quotes

On the recordJune 12, 2018
I believe that fraud is fraud, and that States should be free to regulate any form of securities fraud that they see fit.
Said by
Mike Capuano
Democratic · Massachusetts

Editor's note · Context

Capuano emphasizes the importance of state regulation over securities fraud.

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More from Mike Capuano

Jun 12, 2018

I really think you need to get out a little bit more, Mr. Otting.

congress.gov
Jun 20, 2018

The thing I am most interested in is what has happened to the regulations that we mandated and we set deadlines for that are now--some of them--many years past that deadline.

congress.gov
Jun 12, 2018

I am particularly opposed to this bill because in New York State, we have a powerful securities fraud law, called the Martin Act.

congress.gov
Jun 12, 2018

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.

congress.gov

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