Carl Levin actually said...

"The Dodd-Frank Act acknowledged the existence of these mixed swaps as hybrid instruments that warrant oversight from the SEC and the CFTC."

"A direct link between a futures contract going up in price because of that last month, and that is used by the people who are actually buying and selling the commodity."

"So that there is a direct link between the futures contract price going up and the commodity price going up because people buying and selling the actual commodity use that next month's futures price a..."

"All right. Let us try another round. I want to move to high-frequency trading."