There weren't enough consumer protections in place, but also a recognition that there were, there were decisions and policy decisions made that encouraged entities like that to be offshore. And so if we think about this, How do we put forward a regulatory framework that's actually encouraging companies to onshore? and Making sure that that type of an incident where there's they're commingling funds, etc. There's fraud isn't occurring, period, full stop. (07:29–07:35)
CLAIM
Asserts the need for a regulatory framework to encourage companies to operate within the United States.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
