Political Quotes

Obviously, one of the parts of the Jobs Acts required that the SEC study Reg S-K, and how that can be improved to reduce unnecessary costs to companies that wish to go public, and that are public.

Even with those successes, I continue to hear from companies--both public and private--in my district about the impacts of outdated and burdensome regulations on their ability to access capital.

I believe this hearing is an important opportunity to allow Members to explore how it is that our equity markets have evolved since that time and potentially where they are headed in the future.

I am encouraged by SEC Chair White's recent comments that the Commission's review of equity market structure will include an examination of the nature of our self-regulatory model.