Detailed text transcripts for TV channel - FOXNEWS - 20100626:14:34:00
>> i'm sure wall street will have a hard time adjusting to it, but eventually it will get done. what i want to get back to is the basic idea that we need a whole new level of bureaucracy and you've just had somebody go in the sec and the state securities administration, enforcement administration and say, look, these anti-fraud laws are on the books enforce them at every new kind of thing and derivatives, there's a lot of problem there was fraud and the creation of sale of derivatives. there are laws on the books already. we don't need the endless new layers of bureaucracy. >> neil: charles, w...