Pat Toomey: “We have operated since 1971 with the risk of a first mover advantage.”

I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.

There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.

Because I'm focused on the Senate race.

I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.