Political Quotes

Chuck Schumer: “Do you think this is sufficient in protecting our markets? Or do you think the SEC should also have investigative powers…”

On the recordMay 6, 2009
Do you think this is sufficient in protecting our markets? Or do you think the SEC should also have investigative powers over currently unregulated entities--hedge funds and unregulated products like credit default swaps--to ensure the integrity of our capital markets?
Said by
Chuck Schumer
Democratic · New York

Editor's note · Context

Schumer questions the sufficiency of current SEC powers for market protection.

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