Patrick Toomey actually said...
At least in the case of 1933, certainly, it seems to me that one of the central provisions, one of the most important provisions in this bill, if not the most important provision, is the fact that it would allow these emerging growth companies for a limited period of time--so a very small subset of all companies for a limited period of time--to simply be relieved of a relatively new regulation, which is 404(b) of Sarbanes-Oxley, which is only about 10 years old.
12/13/2011