OCIE is working on coordination and has committed to me that the commission will have a chance to weigh in on sweep exams.

264

Investors for whom this level of oversight is important already can select from among registered advisers, ... If SEC registration were perceived to be uniformly desirable, the market -- meaning investors -- would eventually lead all hedge-fund advisers to register.

222

There is much discussion within the SEC about how Sarbanes-Oxley may be imposing a greater cost than anticipated. Perception can be every bit as important as reality in financial markets.

159

Just as some of you are working hard to prepare to deal with us, we at the SEC are struggling to get ready to deal with you, ... We have neither the resources nor the expertise to oversee all of the potential new registrants.

121

I'm very sympathetic about the concerns I've heard about 404 to date.

95