I hope my colleagues will support this legislation and that all interested parties will join the committee's efforts to improve investor adviser oversight and enhance investor protection to avoid another Bernie Madoff experience.
Garrett emphasizes the need for better oversight to prevent investment fraud.
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Knowing now what happened, did you have the authority in your area? They all said, 'Yes, we did.'
For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.
Our strong hope for this--the change that you are describing is that the present situation as an anomaly creates harm.
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