LIZ: IT HAS BEEN JUST UNDER TWO
MONTHS SINCE A CORONAVIRUS
OUTBREAK FORCED THE DOORS TO THE
NEW YORK STOCK EXCHANGE CLOSED,
NOW AS THEY REOPEN, CHARLIE
GASPARINO HAS BEEN COVERING IT
TO THE PANDEMIC, WHAT WILL
OPPOSE CORONAVIRUS STOCK
EXCHANGE AND WHO GETS TO GO
THROUGH FIRST.
I HAVE SOME NEWS ON KELLYANNE
HER TRADING INVESTIGATION, WHICH
IS RELATED TO THE NEW YORK STOCK
EXCHANGE BECAUSE HER HUSBAND
RUNS THE STOCK EXCHANGE AND THE
CHAIRMAN TO THE COMPANY IN THE
TRADE INVOLVED HIM AS WELL, I’LL
GET TO THE NEW YORK STOCK
EXCHANGE REOPENING -- LIMITED
REOPENING IN A MINUTE.
I WANT TO MAKE A COUPLE POINTS
REGARDING KELLI, FROM WHAT WE
UNDERSTAND INSIDE THE CAMPAIGN,
IT’S BEING CONSUMED BY THESE
CHARGES, THE NUMBER ONE THING
THAT KELLI LECLAIR HAS TO DO
ACCORDING TO PEOPLE INSIDE THE
CAMPAIGN IS GET THESE CHARGES
BEHIND THEM.
WHAT WE UNDERSTAND AS WE
REPORTED EARLIER IN THE WEEK SHE
WOULD REACH OUT TO THE FTC TO
TRY TO GET THEM TO GET HER
CLEANED TELEHEALTH, THE FIRST UP
IN THAT PROCESS OCCURRED
YESTERDAY WHERE SHE CONCEDED AND
SHE HAD GIVEN VOLUNTARY
DOCUMENTS TO THE SEC AND OTHER
REGULATORS RELATING TO THE
TRADES THAT OCCURRED AFTER SHE
GOT A PRIVATE REPEAT AFTER THE
CORONAVIRUS, THERE WAS A TON OF
STOCK SHE SOLD ON BEHALF OF HER
AND HER HUSBAND AND SHE’S
BRINGING THAT TO THE SEC THERE
HOPING TO GET SOME SORT OF
VACATION OR WORD FROM REGULATORS
THAT SHE DID NOTHING WRONG,
THAT’S A VERY HIGH BAR, IT
USUALLY DOES NOT HAPPEN BUT THAT
IS WHAT THEY’RE HOPING FOR.
AGAIN THE TRADES INVOLVED HER
AND HER HUSBAND, WE REACHED OUT
TO THE STOCK EXCHANGE TO ASK IF
JEFF HAS SOMEHOW BEEN CONTACTED
BY THE FCC, THEY WILL NOT SAY.
AND KELLY LOEFFLER WILL NOT SAY
THAT SHE HEARD THE SEC WILL ASK
FOR THE DOCUMENTS THAT’S WHY SHE
GAVE IT UP.
THERE’S A LOT OF GRAY AREA AND
WANT TO SEE WHAT HAPPENS.
IN TERMS OF NEW YORK STOCK
EXCHANGE OPENING, I RAISED THE
QUESTION WITH SENIOR OFFICIALS
IN YORK STATE GOVERNMENT, HOW
CAN THE NEW YORK STOCK EXCHANGE
DOOR OPEN WHEN OTHER BUSINESSES
THAT ARE NONESSENTIAL CAN’T OPEN
IN YOUR CITY, NEW YORK CITY IS
LARGEST ON THE LOCKDOWN,
GOVERNOR CUOMO SAID SOMETIME IN
JUNE HE CAN LIFT A LOT OF THE
NONESSENTIAL BUSINESSES FROM
BEING LOCKED DOWN, I ALWAYS HOPE
THE FLOOR OF THE STOCK EXCHANGE
IS A NONESSENTIAL BUSINESS, NEW
YORK STOCK EXCHANGE IS ESSENTIAL
BUSINESS BECAUSE WE NEED
TRADING.
THE FLOOR HAS BEEN DOWN AND
THERE STILL TRADING BECAUSE THEY
HAVE AN ELECTRONIC ASPECT TO IT.
BUT WHEN I GOT BACK FROM THE NEW
YORK STATE GOVERNOR’S OFFICE,
THE NEW YORK STOCK EXCHANGE AS A
WHOLE INCLUDING THE FLOOR IS
ESSENTIALLY CONSIDERED
ESSENTIAL, THE NEW YORK STOCK
EXCHANGE FLOOR CAN REOPEN, THAT
IS HOW THEY’RE GETTING THROUGH
THIS THING AND AS YOU KNOW FROM
THE OP-ED THAT WAS IN THE WALL
STREET JOURNAL THEN ANNOUNCED
FROM STACY CUNNINGHAM TO THE
PRESIDENT WILL BE A VERY LIMITED
REOPENING, DESIGNATED MARKET
MAKERS WHICH ARE SOME -- THERE
THE NEWER EQUIVALENT OF A
SPECIALIST THAT RUNS A STOCK ON
THE STOCK EXCHANGE FLOOR, THEY
WILL KEEP DOING IT REMOTELY,
THERE WILL BE SOME INDEPENDENT
BROKERS LUDDEN, VERY FEW, IT
WILL BE DONE BASED ON THE SIZE
OF THE FIRM AND HOW MUCH THEY
HANDLE, IT WILL BE DONE WITH
SOCIAL DISTANCING AND MASKS,
IT’LL BE AN INTERESTING TO SEE
HOW THIS GOES ON, IF YOU WANT TO
KNOW WHY THE STOCK EXCHANGE HAS
BEEN ABLE TO PUT IT OFF, OPEN
THE FLOOR AND REMEMBER CLOSE THE
FLOOR BECAUSE IT WAS FOR TIME,
THERE WERE PEOPLE COMING DOWN
WITH COVID ON THE FLOOR OF THE
STOCK EXCHANGE AND THEY WERE
WORRIED ABOUT THE PROXIMITY OF
EVERYBODY LEADING TO MORE
INFECTION SO THEY CLOSED IT, THE
REASON WHY THE FLOOR IS ABLE TO
OPEN IS BECAUSE IT’S ESSENTIALLY
PART OF THE NEW YORK STOCK
EXCHANGE WHICH IS PART OF AN
ESSENTIAL BUSINESS, LIKE OTHER
BANKS.
IF I GET MORE, I’LL GIVE IT TO,
BACK TO YOU.
LIZ: OKAY, ALL RIGHT, I WAS