Elizabeth Warren actually said...

"So you are saying you do not do high-frequency trading?"

"high-frequency trading is not really trading in the traditional sense."

"So you are saying it is just a mixed fund at this point, and it was never a high-frequency trading fund primarily or exclusively?"

"If you are buying a stock and turning it around and selling it within a minute, within a second later to someone else, how does that provide liquidity to the markets?"