So would it be fair to say, then, that if you had to live with H.R. 1's budget, that, in fact, investors would be less protected, that there would be potentially less integrity in the market, because you would not be able to police it, and you would not really be the vigorous cop on the beat that I think many of us want you to be?
Menendez questions the impact of budget cuts on investor protection and market integrity.
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