06/09/2010
https://www.congress.gov...
"We do need action and we need prompt, quick action from FINRA, Mr. Ketchum, so that there is, whether it is a reserve fund or some action, but not an action that is studied for years."
"The bond markets ought to be the most transparent of our markets."
"But, I hope we would actually move forward, because I think, again, whether it is liquidity or market making, there are lots of broad-based rationales given that, when the stuff hits the fan, sometime..."
"I would just say, and I do not want to state the Chairman's position, but the Chairman and I want the markets to work."