al alexis goldstein, and paul ryan, let me start with you. what does the law say about this financial transaction between chartered, regular institution, or a campaign for federal laws? >> when a candidate from a federal office takes out a loan to help finance their campaign, they have to report to the federal election commission and in turn to the general public that that money came from a bank, and not, for example, from the personal savings of that candidate. and cruz failed to report that he got somewhere between $1 million from two different financial institution it's to help bankroll his campaign. >> did he fail overall? or one set or another? >> no, multiple filings, this is ongoing, from the time that he took out the loan to the time it's paid off, they have to be accurately to the fcc, they should have been filed differently in july, 2012, preelection for 2012, pre-runoff for the 2012, october, 2012, and these are multiple reports that were incredible filed. >> alexis goldstein, what's this law for? to prevent? >> dodd/frank is a mul

. >> alexis goldstein, what's this law for? to prevent? >> dodd/frank is a multi -- there are a lot of different pieces to it, and the two pieces, the volker rule, that says that if you're a large bank that enjoys banking and fdic insurance, you don't get to gamble with your own money, which could put the entire country at risk before the financial crisis. and the only federal regulator that's solely dedicate to looking out for consumers, and making sure that they're not victim to financial scams. that's their sole mission, and then one other piece which says that dodd/frank attracts federal regulators. if a bank is too big to fail with out harming the overall committee, they're supposed to break it up. and that's the livings will provision. so dodd/frank has a lot of pieces that direct to make sure that the banks are not too big to fail, and whether the regulators are not properly following it. >> jumping ahead a little bit, mark call abrilla, why does this regulation that the senator was asked and all candidates are asked to comply with,