Interesting.

So you think that with no SEC the public will be safer from people like Madoff?

Do you think that investors would be able to make sound investment decisions without companies having any reporting requirements? Not every country in the world has such requirements and I think the SEC in that regard alone (call it a "success" if you will) is something to be commended.

It's one thing to say people at the SEC are not doing their jobs. But it's another thing to question the rationale and purpose behind the regulations. Are you doing both? Or just one?

If I'm not mistaken the senator is only doing the later.