I wish to thank Senator Paul Sarbanes for administering the oath today and for his kind remarks. One of the proudest moments of my career in government service was serving as a Senior Advisor to Senator Sarbanes, and playing a role, in the passage of sweeping reforms of corporate responsibility, accounting and securities laws in the Sarbanes-Oxley Act. As I assume the role of Chairman of the Commodity Futures Trading Commission at this critical time, I will be guided by his values and hope that I might always be able to rely on his sage counsel.
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