Thomas A. Garrett said "Part of the other problem is that you may not find the interest actually by the broker-dealers if you're talking about a $25,000 or $50,000 or $100,000 enterprise. Is that another reason why you went this way? Mr. McHENRY. Yes. The idea is that, with the traditional broker- dealers, they're not in this market. So our intent with these low- dollar issuances, that has not been a traditional part of the action on Wall Street, not in the modern era, and so we're trying to carve out this opportunity for small business folks." @ PoliticalQuotes.com

On the recordNovember 3, 2011

Part of the other problem is that you may not find the interest actually by the broker-dealers if you're talking about a $25,000 or $50,000 or $100,000 enterprise. Is that another reason why you went this way? Mr. McHENRY. Yes. The idea is that, with the traditional broker- dealers, they're not in this market. So our intent with these low- dollar issuances, that has not been a traditional part of the action on Wall Street, not in the modern era, and so we're trying to carve out this opportunity for small business folks.

Said by

Thomas A. Garrett

Virginia

Source

govinfo.gov

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