On the recordJuly 22, 2015
When we add this additional layer of regulation on institutions that are not individually systemically risky, we actually increase the risk that we will have a widespread problem.
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congress.govWhen we add this additional layer of regulation on institutions that are not individually systemically risky, we actually increase the risk that we will have a widespread problem.
Toomey emphasizes that more regulation can lead to greater systemic risk.
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It is absolutely essential to investigate any fraud and violations of existing law, and prosecute those who are committing those crimes.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.