Mark Warner actually said...

"We had that situation last week in the Madoff hearing where we had both SEC and FINRA here, and, you know, asked very much suddenly, you know, on broker-dealers, if somebody says they were an investme..."

"I think that is the point that Senator Warner is making, and I think if you have a strong, sensible, balanced regulatory system, the world could also follow us."

"My concern is, Mr. Chairman, that we clearly need to do a better job of protecting the consumer."

"So actually making a risk assessment of the product, and then if the assessment was the product was too risky, then perhaps saying some universes of consumers might not be eligible to----"