On the recordMay 6, 2009
The report also adds to what we already know, there are real problems at the SEC.
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congress.govThe report also adds to what we already know, there are real problems at the SEC.
Bunning highlights existing issues within the SEC as noted in the report.
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More from Jim Bunning
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.
I just am worried where we are heading and I am worried about the tools that you have to counter where we are heading.
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.
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.