So thank you, Mr. Dumas. Let me do one more. In addition to weakening the rules, Trump's SEC is simply taking the cop off the beat. Last year enforcement activity dropped by over 20% to its lowest level in nearly 20 years. Mr. Dumas, who benefits when the SEC fails to enforce the law? Senator, I believe bad actors would benefit, actually. (04:33–04:41)
CLAIM
Asserts that SEC enforcement activity dropped by over 20% to a 20-year low.
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.
