US lawmakers: Focus on opportunities and focus on regulatory frameworks while focusing on risks

At the US House Financial Services Committee and the SEC Chairman and Panelist hearing, US Republican Warren Davidson said: "We need a simple set of rules that should be clearly applied to all bills. The United States does not have a clear regulatory framework. The status quo undermines the interests of consumers and investors. The SEC should not only focus on fraud, but also on opportunities. We are unable to provide clear regulatory requirements.