Investor advocates discussed regulatory reform at the SEC's recent Investor Summit*
"What [investors] don't want is 38 pages of legalese with the nugget that we really need to understand buried somewhere."
--Patricia Houlihan, president Houlihan Financial Resource Group
"Investors, we have found, do not expect perfection... What they do expect, and have every right to expect, is a fair, non-conflicted, and consistent scheme of weighing the investment risk they are about to take on."
--James Parkel, president, AARP
"The job [of reform] is not getting done... On issue after issue, the ball is being dropped."
--Damon Silvers, associate general counsel, AFL-CIO
* A full replay may be heard at http://www.connectlive.com/events/secsummits/
Data: Securities & Exchange Commission, BusinessWeek