Pat Toomey: “I just want to strongly urge you to reconsider the position that the SEC needs to adopt a new round of regulations now…”

Congress can and should offer a sensible approach for the domestic regulation of these activities.

As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.

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.