Financial Law Quotes

I'll be very clear about this: I'm not a fan of getting rid of Dodd-Frank.

The way I understand the rules on trading on inside information, it's very vague.

In many respects, you can argue Dodd-Frank isn't even law. It's a license for unaccountable, un-elected officials to make law.

The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as part of regulatory reform.

Well, what I can say about Denmark... Every law firm in town has some business with Danske Bank.

Wall Street banks have the right to express their views to lawmakers and regulators through lobbying, but the law is clear: If they want to influence lawmakers, they must disclose their lobbying expenditures.

Economic crimes are complex in nature, difficult to untangle, and they must be investigated according to the procedures set by the law.

The real key to wealth is the gradual accumulation, it's something Jesus talked about I call the law of use and you couple with the exponential curve.

Tiptoeing on a tightrope past insider trading laws may be deft and clever, but it doesn't make it right.

I should be sorry if on this occasion the House should decide that speculations in the funds are violations of either the moral or political law. A government hardly exists in which such speculation is disallowed.

When I went to law school, I took a bankruptcy class with then-professor, now-Senator Elizabeth Warren. And I'll never forget that first day of class, hearing her talk about the importance of the bankruptcy system.

Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world.

I've prosecuted several financial crimes at the federal level and I've also defended plenty in my private practice.

Simplicity just isn't a word synonymous with taxes.

Anyone engaging in illegal financial transactions will be caught and persecuted.

If there is anything material and we're not reporting it, we'll be breaking the law. We don't break the law.

A word or two I must trouble you with, concerning compound interest; for compound interest is discountenanced by the law. I suppose, as a sort of usury. That, without an express stipulation, the law never gives it.

How grateful I am for the law of tithing. It is the Lord's law of finance.

Getting in the middle of financial transactions is a regulatory minefield.

I would say that folks who have looked at this issue for a long time, whether it's Elizabeth Warren or many other economists, will tell you that right now, yes, we do need a 21st century Glass-Steagall legislation.

The hardest obstacles for Bitcoin companies are banking and regulation.

We will not allow the use of crypto-currency as a surrogate money.