John C. Coffee: “The Volcker Rule was a reasonable way of doing that, by getting banks out of the business of proprietary trading.”

There is no efficiency in selective disclosure. This is an issue of fairness.

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

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.