Political Quotes

Pat Toomey: “At least in the case of 1933, certainly, it seems to me that one of the central provisions, one of the most important…”

On the recordDecember 13, 2011
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.
Said by
Pat Toomey
Republican · Pennsylvania
Source
congress.gov

Editor's note · Context

Toomey discusses a key provision in bill 1933 regarding regulatory relief for growth companies.

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