Mary L. Schapiro: “We cannot turn our back on them, and we should not turn our back on them.”

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

the success of the Dodd-Frank Act will rise or fall depending on the commitment and enthusiasm of the various agencies to fully implement it in a timely manner.

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

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