Jack Reed actually said...

But that would be very disturbing if, in fact, market information was much different than what regulators had.

There is no doubt that the SEC has many more tools given to it by Dodd-Frank to regulate the institutions.

I think one of the aspects of this crisis was the huge cost to taxpayers which may have been mitigated or avoided with better regulation.

I want to commend Mr. D'Agostino for his outstanding service in the United States Navy.