I have no doubt that there are frivolous demand letters that are sent, and we should do all that we can to crack down on this abuse, from my perspective, we also must be careful lest we unintentionally hurt legitimate investors.
Lance acknowledges the issue of frivolous demand letters while cautioning against harming legitimate investors.
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I want to continue to work with the panel on this and other issues because I think this is an incredibly important area.
I think the responsibility in the House of Representatives to impeach or not to impeach is one of our most important responsibilities.
Thank you very much, Chairman Blackburn, and thank you to Assistant Secretary Redl for appearing before us today.
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