Jon Tester actually said...

"I appreciate you holding this important hearing to examine the proposals before the Committee and their potential to create jobs and spur economic growth and spur innovation."

"And does the SEC have the authority to decrease that limit if they feel it is appropriate?"

"And as a regulator, it would restrict your ability to meet the needs of the marketplace, I would assume."

"I think that it is very difficult to take a look at ourselves and say, 'You know what? People think we are crooked.'"