David Vitter actually said...

"The status quo is a really perverse and rigged system that allows Wall Street to suck in innocent investors."

"it seems to me that is particularly ironic that it is least certain in many cases of outright fraud versus market failure."

"Right, except they had a CD and they never agreed to lend money to the brokerage firm."

"the average customer is sort of actively being misled, as given this 'Good Housekeeping Seal,' member firms are actively using that for their benefit in the market."