On the recordMarch 27, 2012
It is my money. I didn't play that game, and yet, you are taking my money to protect some other customer--who lost their money, because they took a gamble.
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congress.govIt is my money. I didn't play that game, and yet, you are taking my money to protect some other customer--who lost their money, because they took a gamble.
Capuano argues against using his funds to cover others' losses.
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I believe that fraud is fraud, and that States should be free to regulate any form of securities fraud that they see fit.
the concept of taking protections away from small investors just strikes me as anathema.
I think we are the laggards in this, I was speaking for the United States and our financial system.