Mary L. Schapiro: “The Dodd-Frank Act significantly changes the SEC's regulatory landscape.”

I do believe that we cannot suffer under the too-big-to-fail doctrine as an economy for very much longer.

the U.S. financial markets failed to live up to their essential price discovery function.

I believe we need a deeper understanding of the strategies and activities of high-frequency markets and traders and the potential impact on our markets and investors of so many transactions occurring so quickly.

I believe deeply in cooperation between regulators and support Chairman Schapiro's efforts to continue coordination and consultation between the SEC and DOL.