Mary L. Schapiro: “The current regulatory system is not up to the challenges posed by modern financial markets and needs to be…”

This time around, I have had more than a few people in my office weeping with fear about what might happen to them because one person or another was looking into their behavior.

We think the budget increase is really essential, given the additional responsibilities that the agency is taking on under Dodd-Frank and under the JOBS Act.

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

I commend Congressman Westmoreland and Ranking Member Frank for bringing forward bipartisan legislation, H.R. 3503, to bring transparency to the PCAOB's disciplinary proceedings.