I am a very big believer that we have to hold people accountable at all levels of the agency for performing the responsibilities that have been entrusted to us by the American people.
Emphasizes the importance of accountability within the agency.
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More from Mary L. Schapiro
This year we find ourselves at a critical juncture, and that is because the Congress has challenged us not only to continue our reform efforts.
I think if we don't cover all dealers regardless of whether they are deposit-taking institutions... we will see business migrate from well-regulated institutions to less well-regulated institutions.
Absolutely not, and I put out a statement to try and make that quite clear that we do not time our enforcement actions by the legislative calendar.
It is a symptom of the times and a political culture that is quite frankly seriously 'nuts.'