I thank the words of the chaplain who says may we indeed know the Lord. Mr. Speaker, I rise today to recognize Chaplain Karen Hallett on her selection as the 2012 Reserve Officers Association Chaplain of the Year. She is a resident of…

Last year, when we passed the Comprehensive Iran Sanctions and Divestment Act, I came to the floor stating that we must go further. Our stated goal then, as it is now, was to protect Americans, our allies, and the Iranians who suffer under…

On rollcall No. 854, had I been present, I would have voted ``yea.'' Stated against:

On rollcall No. 855, had I been present, I would have voted ``yea.'' Stated against:

I thank the gentleman for yielding. I thank the gentleman from California as well for his leadership on this issue, as well as others, and also behind us over here, the chairman of the full committee, Spencer Bachus, for his leadership on…

The point of that is, again, what? Basically investor protection here. What you don't want to have happen, I guess, is: Say I'm going to go out into the marketplace and start raising money, and as soon as the cash starts coming in I can…

One of the reasons that you do that is because we are talking about small companies, companies that may be creative artists starting up a business, a nonprofit starting up a business, a small entrepreneur, so you're talking about small…

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…

Well, I will very briefly. I understand that I've gone over the time that I was supposed to be speaking.

Before you leave, tied to this is another one of the two last points I was going to raise, which perhaps you would like to illuminate on. The bill also requires that the intermediaries state a target amount that you're raising. You just…

I thank the gentleman from North Carolina for all of his work on this legislation, as well as the chairman of the full committee, Spencer Bachus, for his leadership on this initiative as well. To the extent, as with the previous piece of…

I yield to the gentleman from North Carolina. Mr. McHENRY. I thank my colleague for yielding. This is a very important point of distinction here. These intermediaries are not broker-dealers. That is neither the intent on either side of the…