Thank you, Preston [Pysh], for that introduction. Before I begin, let me remind you that my views are my own as a Commissioner and not necessarily those of the SEC or my fellow Commissioners. The poems of Robert Frost, born on this day in 1874, were among those that filled my childhood. I memorized “Stopping by Woods on a Snowy Evening,”[1] a poem about a traveler, accompanied only by his hesitant horse, stopping to admire the falling snow in the forest. Although lyrical verses of securities law have since largely displaced more traditional poetry in my mind’s cluttered recesses, the closing stanza of Frost’s poem ... (full story)