Mary L. Schapiro: “The tragic truth is there is not enough money available to pay off all the customer claims.”

It is a symptom of the times and a political culture that is quite frankly seriously 'nuts.'

I believe that the definition of 'accredited investor' as it stands today does a poor job of screening out people who are unsophisticated.

I think in the first instance, we have got to take care of retail investors. This is really a disgraceful situation in many ways.

A stable, fair, and efficient market structure is the backbone of the equity markets and an important engine of our economy.