Carl Levin actually said...

Now, in May 2012, after the media disclosure of the whale trades, the bank determined the new VaR model was not portraying the SCP's risk ac...

Regulators did not 'get the information' on those positions on a regular basis, did they?

Which is a little different from what you said, which is that they 'get the information on those positions on a regular and recurring basis....

We recommend requiring banks to identify all internal investment portfolios that include derivatives over a specified notional size.