Mary L. Schapiro: “the success of the Dodd-Frank Act will rise or fall depending on the commitment and enthusiasm of the various agencies…”

The worst result I think we could have would be for investors to lose confidence generally again, as they did after Enron, in the quality and the integrity of financial statements.

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.

Chairman Gensler suggests that legislation should provide for an insolvency framework that protects first and foremost customers, and I completely agree.

We have to have an overriding concern that the integrity of a clearinghouse not be compromised.