It has been an honor and a privilege to work with some of the most dedicated, smart, intelligent in a different way, committed to trying to do all they can for the people of this country.
Scott Garrett
The Public Record
Our strong hope for this--the change that you are describing is that the present situation as an anomaly creates harm.
I have been one of the critics when it comes to the way in which the SEC and FINRA conduct their enforcement proceedings.
If you are an audit committee making a selection of an audit firm--you might want to know.
Accurate and transparent financial statements are absolutely critical to maintaining investor confidence in our markets.
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.
So, if your policies, as Ben Bernanke indicated it does and you are nodding your head as well, benefits the stock market, raises asset prices, who are you benefiting? The rich. Who are you hurting? The poor.
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?
You lamented the problem, but failed to admit to acknowledge in your comments that it is your actions and the Fed and the government policies that can have a dramatic impact on expansion of the gap between rich and the poor.
During this non-recovery recovery, to borrow Chairman Hensarling's words, ... the SEC should be focusing its attention less on funds serving sophisticated investors.
This trend needs to stop before it becomes the loophole that devours the SEC's 2012 commitment to proper economic analysis.





