Frank Lucas actually said...

"We did not contribute to the financial crisis and we don't pose a threat to the financial system."

"ABA appreciates the efforts of this Committee to ensure that implementation of the derivatives title of the Dodd-Frank Act agrees with the intent of the Congress."

"We have heard that some regulations may impose significant costs that aren't being accounted for by the CFTC."

"We have heard confusion about the order of regulations being proposed and concern about the scope of the regulatory definitions."