Political Quotes

“Let me just say, I have been working on this issue and fighting for the retail investors for all 7 of my years here in Congress with several pieces of legislation to bring this to fruition and to always, always hold that retail investor in the best interest to make sure that we are taking care of them and giving them the best advice, the best access, the best cost, but most of all that we secure their savings and their retirement investment and do everything we can to serve in their best interests. And that is why we must bring this after 7 long years to a close. It is time that we stop playing rope-a-dope with duplicative rules that have already been under consideration and by conducting extensive investor testing that has already been done. The SEC is the absolute body of jurisdiction. They must harmonize with the Department of Labor, and have, and now we have got a short, two-form page. We have got disclosures and titles that are clear that is serving the best interests of our constituents. I would ask everyone to consider my amendment to H.R. 1815, and if it is not agreed to, to oppose the underlying bill. Mr. Chair, I yield back the balance of my time.”