Political Quotes

“I think many of us who have had the opportunity to preside have heard--and in particular on Monday afternoons--the Senator from Delaware come down on a regular basis, for months, to speak on what, until last Thursday, was a pretty esoteric issue--an issue that, for somebody who spent 20 years around the finance sector before I got into politics full time, I thought I might have some knowledge of. But as the Senator started talking about high-frequency trading, collocation, sponsored access, and flash trading, I realized this was a whole realm of new terms that actually even makes derivatives look simple. The Senator from Delaware sounded an early warning signal that the massive amounts of investments that have been made by certain firms to try to get what appears to be a fractional millisecond advantage in the trading process might come back to haunt us all.”