Political Quotes

On the recordMarch 7, 2019
I thank the gentleman for yielding. I just really wanted to echo what was just said, a couple of things that were said. First of all to note that, clearly, best practices have emerged with respect to public companies making this kind of information available, but if that best practice has merit, then it ought to be applied across the board, which is the argument that we are making. I thank you for your work and interest in this issue. The SEC is there to protect shareholders. It is there to protect the public. That is the purpose of that agency. Within the basket of things and measures that it can do to protect the public is to promote this kind of disclosure. The rider that we are trying to get rid of in this bill that you would strike, that rider is preventing that kind of inquiry and disclosure and protection of the public to occur, and that is why it is so important that that rider be struck. I agree with the gentleman in his opposition to this amendment.
Said by
John Sarbanes
Democratic · Maryland
Source
govinfo.gov
Mar 7, 2019

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