12/15/2011
https://congress.gov...
"So it is a twofold, those coming and going, the liability provisions, right?"
"What motivated us was a pledge to cut red tape, as well as strengthen and ensure investor protections."
"we view you as the lone wolf of Reg A offerings in the United States."
"As I stated in my opening statement, Carolyn Maloney and I worked diligently to make sure we had investor protection and the ability of folks to raise equity online."