Mary L. Schapiro: “I do believe that we cannot suffer under the too-big-to-fail doctrine as an economy for very much longer.”

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

The Dodd-Frank Act significantly changes the SEC's regulatory landscape.

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.

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