Political Quotes

“The Securities Exchange Act of 1934 has been a living, breathing document; but in those subsequent years from 1934, there has never been a definition of either ``retail investor'' or ``institutional investor,'' and to hang an amendment on those terms which are undefined legally is simply a mistake. So, Mr. Chair, I do not support this unnecessarily confusing amendment, and I urge a ``no'' vote on this amendment. Mr. Chair, I yield back the balance of my time. The CHAIR. The question is on the amendment offered by the gentleman from Illinois (Mr. Casten). The amendment was agreed to. Announcement by the Chair The CHAIR. Pursuant to clause 6 of rule XVIII, proceedings will now resume on those amendments printed in part B of House Report 116-237 on which further proceedings were postponed, in the following order: Amendment No. 1 by Mr. Huizenga of Michigan. Amendment No. 2 by Mr. Gottheimer of New Jersey. Amendment No. 3 by Mrs. Wagner of Missouri. The Chair will reduce to 2 minutes the minimum time for any electronic vote after the first vote in this series. Amendment No. 1 Offered by Mr. Huizenga The CHAIR. The unfinished business is the demand for a recorded vote on the amendment offered by the gentleman from Michigan (Mr. Huizenga) on which further proceedings were postponed and on which the noes prevailed by voice vote. The Clerk will redesignate the amendment. The Clerk redesignated the amendment. Recorded Vote The CHAIR. A recorded vote has been demanded.…”