Mary L. Schapiro: “This is about my belief that their structure presents systemic risk.”

I think the largest financial firms in this country are just too large, and that their massive size threatens our economic security and puts us at risk in future crises.

There is a conflict of interest there, and so the Dodd-Frank Act did a couple of things to help us address that.

we must close gaps in regulation, improve transparency, strengthen enforcement and establish a workable, macroprudential regulatory framework.

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