Of course, that is what we have done with Social Security. Right? We put people in the lowest-performing asset for life.
I am not necessarily in any way saying that is a good idea. I am just asking the question.
I suppose that--and I know this is not something that we in essence regulate, but you potentially feel a greater obligation to the people in...
I hope, on the other hand, we do not overreact to a tremendous downturn in the market and try to do some things that over time might hurt th...
I worry a little bit about the involvement that we are considering putting ourselves into here as it relates to what we are going to be tell...
I think Mr. Derbyshire wanted to respond to your question.
I absolutely agree. I know, having been an employer, making these decisions is excruciating, and you want to make sure that your employees 2...
But there is no problem that--there is no essential problem with the fact that high-frequency trading exists to create price discovery.
It seems to me very much like what existed on the New York Stock Exchange where you would call a specialist, they would make a trade for you...
it seems to me that is the most sensible place, and I realize there ought to be a lot of disclosure
It seems to me that, aside from some of the things that can happen with any system that need to be regulated, high-frequency trading has mad...
Mr. Chairman, thank you, and we have so many great witnesses today, I apologize for not being able to talk with each one of you.
I am trying to develop some kind of consensus with all of you who are testifying, and, again, thank you for being here with the vast amount ...
What we are hoping to happen is that people will save and that they will invest in funds that give them the greatest return.
So your point is not that they are bad---- it is just that too many of them might be bad.
the whole purpose is to keep that order in your pocket until you know that you have been able to transact it without moving the market
So if we are going to be almost all electronic exchanges, even the New York Stock Exchange--I am just wondering whether that is not the worl...
I think this has been, though, really enlightening, and it seems to me that what Labor has said is that we need to make sure that employers ...
