Pat Toomey: “I make no secret about my view that the FSOC has put a lot of pressure, external pressure on the SEC.”

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.

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

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