Chuck Schumer actually said...

"So who receives the calls--I mean, again, they are all referred or triaged----"

"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, was its public face and its iron fist."

"That is why Senator Shelby and I introduced the Safe Markets Act, to give the Enforcement Division the additional resources it needs."

"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 ..."