Tom Harkin actually said...

"I think you would actually lower the costs because you would have more people that would be able to trade with each other with regard to swaps."

"I appreciate your comments today, and hopefully maybe if we move some legislation this year, we can also finally close that loophole."

"I want to challenge you on why you cannot do this on a regulated exchange."

"The more open we are, the more transparent we are, the more information that people have out there in a regulatory framework, the better off we are all going to be."