I strongly support your efforts to enhance the capital formation ecosystem by reducing regulatory burdens.

I strongly support Congressman Hurt's Small Company Disclosure Simplification Act.

I also encourage the subcommittee to take a discerning look at any and all regulations governing public company disclosures.

I guess one of the things that I think is most important for Congress to tackle, considering we are 7 years after the crisis, is housing finance reform.

I think that my constituents, if they were hearing what we are hearing today, would be bewildered.

I commend Representatives Ross and Murphy for putting this forward, and I am glad to hear your testimony today.

Hardworking taxpayers deserve a Federal flood insurance program that is fiscally responsible.

It is critical that this subcommittee work to pursue significant reforms.

Our current government-provided flood insurance system has proven ineffective, inefficient, and costly to taxpayers.

I thank you for holding this hearing, and I thank the witnesses for appearing today.

Streamlining our disclosure regime to better reflect the SEC's mission of protecting the investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation will lead to benefits for both business and investors.