06/21/2011
https://congress.gov...
"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."
"simply contracting with outside groups does not address the deep problems the CFPB has."