So when someone specifically bilks $50 billion out of the market, it doesn't surprise anybody who sits up here.
Jim Bunning
The Public Record
Jim Bunning is a former United States Senator from Kentucky, serving from 1999 to 2011. A member of the Republican Party, Bunning was known for his strong conservative positions and advocacy for fiscal responsibility. Before his political career, he was a professional baseball player, notably a pitcher in Major League Baseball, where he was inducted into the Baseball Hall of Fame in 1987. Bunning's tenure in the Senate included a focus on issues such as energy policy and workers' compensation reform, often criticizing the Department of Energy's handling of compensation programs for workers.
As soon as the trade is made, it should be put on the tape so everyone can see it.
I think this will be an educational hearing about several complex topics that have been in the news lately.
If I am going to try to trade 100,000 shares of IBM, and I am going to put it on somebody's trading block or some institution has a trading block, I will not get the best price for that 100,000 shares if I am the seller unless I break it…
OK. What steps are you taking to ensure fair access for everybody to dark pools?
we have had some unbelievable messes. I mean, a $50 billion mess is a pretty big mess.
Historically, the way we have tried to make our markets safer and fairer is by increasing transparency and access, and I think that it has worked.
I think that the information we have gotten is different from the information you just quoted.