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Thank you, Mr. Chairman, for holding this hearing this morning. It is absolutely essential that we improve the oversight of investment advisers – the people that manage the assets of millions of individual and institutional investors across the country.

Thank you, Chairman Garrett, for holding this hearing this morning.

Improving the regulation of brokers, investment advisors and other financial professionals was a central goal of Dodd-Frank, and is crucial to ensuring that families are protected as they save for retirement, their children's education, or to buy a home.

Chairwoman Capito and Chairwoman Biggert, thank you so much for holding this hearing this morning.

Thank you, Mr. Chairman. I would also like to thank our distinguished witnesses for agreeing to participate this afternoon.

Next week marks the one-year anniversary of the Dodd-Frank Act becoming law. This legislation brought sweeping reforms to our financial regulatory system so that we can avoid another economic meltdown similar to that of 2008.

The following remarks were made by Congresswoman Waters during a joint subcommittee hearing on the implementation of the JOBS Act. The hearing included members of the House Financial Services Committee and the House Oversight and Government Reform Commitee.

Thank you, Mr. Chairman, for holding a hearing this morning on the important issue of implementation of the JOBS Act.

Congresswoman Waters delivered the following opening statement during a hearing on Accounting and Auditing Oversight.

Thank you, Mr. Chairman, for holding this hearing this morning.

Thank you, Mr. Chairman. While many observers still disagree about the central cause of the financial crisis, we know that among many other factors, proprietary trading did play a role in the 2008 economic collapse.

Below is Congresswoman Maxine Waters' one minute statement on the House floor in support of H.R. 41 - the Hurricane Sandy Relief Bill:

Thank you so very much, Congressman Meeks.

Thank you, Mr. Chairman, for holding this important hearing this morning.

The multimillion-dollar expansion and facelift of Los Angeles International Airport is running into resistance from some residents.

People who live in the shadow of the airport are speaking out against plans to relocate a runway even closer to their homes.

They aired their concerns at a public meeting on Tuesday night.