On the recordNovember 30, 2011
I am not against the private market but that was what the private market did when there was no government involvement.
Source
congress.govI am not against the private market but that was what the private market did when there was no government involvement.
Capuano discusses the role of government in facilitating homeownership through FHA loans.
Share
More from Mike Capuano
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.
the concept of taking protections away from small investors just strikes me as anathema.
I am particularly opposed to this bill because in New York State, we have a powerful securities fraud law, called the Martin Act.