"I think the exchanges are working toward improving those situations."
"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?"
"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?"
"high-frequency trading is not really trading in the traditional sense."
"So you are saying you do not do high-frequency trading?"
"Confidence in the market seems to be going down."
"Lack of trust in the stock market means less capital for growing companies, slower growth in the economy, slower job growth."
"But I at least want to ask the question how it is that--this is the principal claim for high-frequency trading, is that it provides liquidity in the marketplace."
"SEC Chair White's plan for a holistic review of the equity markets."
"Actually, then, let me switch it over to Ms. Lhamon. Do you use these data as part of your enforcement strategies and designing your enforcement strategies?"
"Does that mean they're not reporting data, either? Do they report data to you?"