On the recordDecember 7, 2017
I appreciate the opportunity to address the amendment and the work of Mr. Sherman, Mrs. Maloney, the ranking member, and, obviously, our chairman as well. So I do agree and accept this amendment as a friendly amendment. It does confirm what the no-action letter has put in place. I believe it properly makes sure that the SEC's role is preserved but that Congress has its imprimatur on this as well. It aligns the bill with the principles outlined in the SEC's no-action letter. I think this is a good, reasonable amendment. I am pleased to work with the gentleman from California as well. I am glad that we can get this settled in a timely manner. Mr. Speaker, I yield back the balance of my time.
