Patrick McHenry actually said...

"I think it's the difference between a nice side of business that supports your family and a business that really contributes in a dramatic way to the U.S. economy."

"My point is if you are a sophisticated institutional investor, I don't think the SEC is going to protect you from Bernie Madoff."

"It seems to me that the SEC policy is restricting access, because small businesses are the ones that we are really talking about here trying to access private capital."

"So, why? Why 500?"