Chuck Schumer actually said...

"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 ..."

"I think the SEC should move to New York City, at least the Enforcement Division as a whole. I do. I think it would do a much, much better job."

"But anyone who calls with an actual complaint or whatever will be given a call back."

"Could you please? Yes, and get back to me. On all of these, if you could get back to me in writing--within 5 days, is that OK? A week?"