Chuck Schumer actually said...

the SEC, known as 'the gem of the financial regulatory world' a long time ago, and the SEC's police, your Division, the Enforcement Division...

I fought so hard for an amendment to the Fraud Enforcement Act on the floor last month to ensure that the SEC get the funding it desperately...

I think there has been too much of a reliance on lawyers--I am not against lawyers; I am one--and not enough on the investigative type peopl...

I will continue to work with my colleagues to provide these resources and the oversight that is critical to the success of the Agency.