Wiley Nickel actually said...

"Investor protection not only protects investors, it is necessary for the business economy as a whole that is seeking investment."

"The titles of the hearings that we are holding today imply that every investor protection is a barrier."

"I think it is time for us to reevaluate the definition of an accredited investor and ensure that it serves its intended purpose of protecting investors rather than excluding them."

"We need the right blend of investor protection and securities regulation on the one hand, and access to capital and access to investments on the other."