May 5, 2010
But I am sorry, sir. Sophisticated--even if they are not sophisticated, anybody that puts a market order in knows exactly what is going to happen to a market order.
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.
congress.gov
May 5, 2010
They may be day traders. They may be someone who is in it just for a very short period.
May 5, 2010
Well, I just am worried that by lack of not getting something done we could have a repeat.
May 5, 2010
I am troubled by the way exchange-traded funds and closed-end funds move differently than the stocks they are actually supposed to track.
May 5, 2010
I am glad to see the SEC followed through on its commitment to us last fall to start a broad examination of market structure issues.
May 5, 2010
If I am in Schenectady, New York, and I am dealing with a broker-dealer in Schenectady, any broker--I am not going to give anybody a plug here--how do I compete with the electronic traders that have nanosecond access?
May 5, 2010
I think there comes a time when you take emergency actions, and if we are in that situation and in a market situation where we need emergency powers, all you have to do is come here and ask.
May 5, 2010
I do not think a market maker should be able to get out of the market they are making the markets in that stock under any circumstances, unless they are belly up.