We simply do not have the facts.

The cost of losing that trust is far greater than $40 million.

I come from a rural district, Virginia's fifth district, and it geographically largest district in the State of Virginia.

We also believe that a huge part of what we need to be doing here in Washington is adopting policies that give greater access to capital all across Virginia.

I am pleased that this subcommittee has taken the time to analyze regulatory overreach in the Dodd-Frank Act.

I would suggest that it has only enshrined it.

Making sure that we have fair and effective regulation is vital to maintaining efficient capital markets.

I believe FINRA should focus on streamlining its duplicative systems and improving its operations.

I want to thank you for holding today's hearing.

At a time when unemployment remains high, and my constituents are struggling to find employment, it is incumbent upon us to do everything we can to reduce the regulatory burden on such entities that are so vital to job creation in…

I want to thank him for introducing this important legislation, and I urge the subcommittee to support it.