Mark Warner actually said...

we need to have some mechanism in a sense of a prefunding of resolution so that we do not end up as taxpayers being caught basically footing the bill

Warner advocates for pre-funding mechanisms to avoid taxpayer costs in financial resolutions.

07/27/2009

More Mark Warner Quotes

So, it is not unrealistic to think that we might have a maker-taker pilot at least started or close to started this summer?

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.

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 ...

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, b...