"Absolutely. We often, in our examinations, investigations of broker dealers, take our jurisdiction as far as it can go, and then once we hit that jurisdictional dead end, refer that conduct over to th..."
"And there was no--from your investigators, there was no skepticism about it? There was no red flag? They accepted that at face value?"
"So in this case, in the case of Madoff, my understanding was when he became an investment advisor, didn't he use the investment advisor reasoning as one way to preclude FINRA from looking----"
"But are you saying--because I hope you are not saying that if you have somebody in looking at a broker dealer and they thought they were onto something and they thought something smelled bad, and all ..."
"I'm looking forward to working with all of you."
"I wonder if you--I know this is very early in your thinking process, but have you given any thought to the 11 separate agencies you have within the Department and how the boxes are aligned?"
"One of the things I think we always have to watch out for as we look at public/private partnerships is making sure that the private sector actually has some skin in the game."
"I really wonder if we're going to take a fresh look at metrics."
"As we look at public/private which often times involves tolling, making sure that they've got to stay in the game is very important."
"I mean that we've got more agreement."
"It's an honor and a privilege to support Donald Remy's nomination before the Senate Armed Services Committee."
"I share Senator Shelby and Senator Reed's concerns that you have voiced, as well, that some of these new tools that have developed, the credit default swaps, hedge funds, failure to have any regulator..."