Scott Garrett: “the SEC's ongoing failure to develop what I might call a capital formation agenda remains one of the most serious…”

Dodd-Frank bestowed almost limitless powers to the banking regulators, and especially to the Fed.

Do you see a need to benefit the Goldman Sachs CEOs of the world and pay them more than the small, local banks on Main Street where my constituents have to invest their money?

I agree with the testimony of Professor Coffee that this committee seems to be rushing from the first Jobs Act to kind of a 'Jobs Act II,' without fully understanding the consequences of the first law.

I find it difficult to believe that the SEC will know where to draw the line better than each individual investor.