Jack Reed actually said...

"Was FTX required to disclose transactions with related parties, like Mr. Bankman-Fried's hedge fund called Alameda Research?"

"Again, I think the one theme that seems to be consistent is that the need to regulate not just this industry but private entities."

"And if FTX had been a publicly traded company, would it have been required to make disclosures and attestations that we just discussed?"

"The whole point is that we have all talked about the need for regulation, and I think that is obvious."