John C. Coffee: “Don't throw that last resort out. It saved us in 2008, and not that much has changed in the regulation of the money…”

I think one is enormously important: systemic risk. All of the future of our economy depends upon being able to solve in a credible fashion the problems of major bank failure.

We believe that leapfrogging rulemakings whose deadlines are months away ahead of rulemakings whose deadlines are months passed... violates both the spirit and the letter of the law.

I want to commend Congressman Himes for having supervised the drafting of a careful, balanced, and sophisticated bill.

We must not let history repeat itself by creating more regulatory black holes and exposing investors to unacceptable levels of risk and outright fraud.