It may be worth think about the following from his statements about:SEC rules give public companies four days before they must notify the market about market-moving business developments, corporate insiders incentives to pursue stock buybacks, and how public companies spend their money on politics:

I believe that a critical part of the SEC’s mission is to make sure that ordinary investors stand on a level playing field in today’s complex markets. Gaps in our securities laws that allow insiders to trade before key information comes to light; pursue stock buybacks that maximize executive pay but not long-run performance; and spend investor money on politics in secret undermine the trust that ordinary Americans have in our financial system. I am delighted that this Committee is considering how best to close those gaps.

On the other hand, not everything is perfect, as you can see below regarding to rollback of the Volcker Rule:

But even if liquidity were quantifiably lower, it would be hard for me to support these changes. Ordinary American investors aren’t kept up at night worrying about an imagined lack of bond liquidity. They’re wondering why they should trust a financial system that upended their lives a decade ago. The benefits of investor trust in our financial markets are hard to quantify, but they’re doubtless a reason why our markets are the envy of the world. Rolling back risk taking protections like this puts that trust at risk, makes ordinary Americans wary of our markets, and—ironically—may even undermine liquidity.

Dialog is always bringing to a better and robust financial market.