Deborah Ross actually said...

"When you look at a lot of investors that are utilizing asset managers to invest in retirement funds and college education funds, it almost becomes a cost prohibition to have this designation."

"Shouldn't the FSOC's primary focus be on making sure that these entities that may have systemic risks, that those are addressed properly rather than turning them over to the Fed to just say, here is a..."

"I know that you mentioned back in December that you were going to help develop recommendations to address potential risks in the asset management industry."

"But understanding the impact that it could have on our domestic insurance market if we have to impose upon them international standards, which we had a chance to preempt, had we had a little bit more ..."