"I have to tell you, I know some accredited investors whom I wouldn't have invest $10 of mine, because these people--I would never call them 'dumb', but they are 'un-smart.'"
"This hearing is an important part of Congress' oversight of our capital markets, and it is also a great opportunity to reaffirm support for retail investors' participation."
"It has famously been said that the definition of insanity is doing the same thing over and over again, and expecting different results."
"Insider trading is not only wrong, it is illegal, and not only does it hurt the integrity of our capital markets but it also hurts our Main Street investors as well as Mr. and Mrs. 401K."
"This subcommittee should not be used as a name and shame game for companies for wrongdoing that has been perceived to have happened."
"I think that point has been made. It is more than just one company."
"I don't think I have ever heard a SEC Chair even come close to thinking that insider trading or that enforcement is somehow not acceptable."
"This conversation about CalPERS does affect those of us in Michigan and Ohio and other places as well."
"I think that is a mistake."
"I believe that the way the leverage ratio requirements in the program are currently drafted, it unfairly punishes companies such as La Colombe."
"I am not sure why you would take this job."
"Preventing the establishment of the Asian Carp in the Great Lakes is an effective approach to sustain our fishing industry."