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Senate Floor: SECURITIES LITIGATION UNIFORM STANDARDS ACT OF 1998

Topics
Entities
Moderation
25 Speakers
Topics
No topics found
Entities
No entities found
Moderation
No moderation found
Speakers
Chris Dodd
Chris Dodd said 375 sentences of a total of 2122 sentences.
18%
Chris Dodd said 7521 words of a total of 39224 words.
20%
Paul Sarbanes
Paul Sarbanes said 342 sentences of a total of 2122 sentences.
17%
Paul Sarbanes said 6559 words of a total of 39224 words.
17%
Richard Bryan
Richard Bryan said 305 sentences of a total of 2122 sentences.
15%
Richard Bryan said 6512 words of a total of 39224 words.
17%
Al D'Amato
Al D'Amato said 277 sentences of a total of 2122 sentences.
14%
Al D'Amato said 4990 words of a total of 39224 words.
13%
Pete Domenici
Pete Domenici said 73 sentences of a total of 2122 sentences.
4%
Pete Domenici said 1511 words of a total of 39224 words.
4%
Max Cleland
Max Cleland said 86 sentences of a total of 2122 sentences.
5%
Max Cleland said 1365 words of a total of 39224 words.
4%
Jack Reed
Jack Reed said 62 sentences of a total of 2122 sentences.
3%
Jack Reed said 1240 words of a total of 39224 words.
4%
Russ Feingold
Russ Feingold said 46 sentences of a total of 2122 sentences.
3%
Russ Feingold said 1125 words of a total of 39224 words.
3%
Tim Johnson
Tim Johnson said 49 sentences of a total of 2122 sentences.
3%
Tim Johnson said 1093 words of a total of 39224 words.
3%
Joe Biden
Joe Biden said 45 sentences of a total of 2122 sentences.
3%
Joe Biden said 879 words of a total of 39224 words.
3%
Dianne Feinstein
Dianne Feinstein said 48 sentences of a total of 2122 sentences.
3%
Dianne Feinstein said 847 words of a total of 39224 words.
3%
Phil Gramm
Phil Gramm said 46 sentences of a total of 2122 sentences.
3%
Phil Gramm said 803 words of a total of 39224 words.
3%
The Presiding Officer
The Presiding Officer said 138 sentences of a total of 2122 sentences.
7%
The Presiding Officer said 689 words of a total of 39224 words.
2%
John Kerry
John Kerry said 26 sentences of a total of 2122 sentences.
2%
John Kerry said 640 words of a total of 39224 words.
2%
Susan Collins
Susan Collins said 32 sentences of a total of 2122 sentences.
2%
Susan Collins said 603 words of a total of 39224 words.
2%
Harry Reid
Harry Reid said 33 sentences of a total of 2122 sentences.
2%
Harry Reid said 561 words of a total of 39224 words.
2%
Joseph Lieberman
Joseph Lieberman said 20 sentences of a total of 2122 sentences.
1%
Joseph Lieberman said 538 words of a total of 39224 words.
2%
Barbara A. Mikulski
Barbara A. Mikulski said 17 sentences of a total of 2122 sentences.
1%
Barbara A. Mikulski said 376 words of a total of 39224 words.
1%
Barbara Boxer
Barbara Boxer said 20 sentences of a total of 2122 sentences.
1%
Barbara Boxer said 349 words of a total of 39224 words.
1%
Paul Wellstone
Paul Wellstone said 16 sentences of a total of 2122 sentences.
1%
Paul Wellstone said 296 words of a total of 39224 words.
1%
Orrin Hatch
Orrin Hatch said 14 sentences of a total of 2122 sentences.
1%
Orrin Hatch said 251 words of a total of 39224 words.
1%
Rod Grams
Rod Grams said 12 sentences of a total of 2122 sentences.
1%
Rod Grams said 238 words of a total of 39224 words.
1%
Herb Kohl
Herb Kohl said 7 sentences of a total of 2122 sentences.
1%
Herb Kohl said 48 words of a total of 39224 words.
1%
Trent Lott
Trent Lott said 6 sentences of a total of 2122 sentences.
1%
Trent Lott said 43 words of a total of 39224 words.
1%
Chuck Grassley
Chuck Grassley said 2 sentences of a total of 2122 sentences.
1%
Chuck Grassley said 14 words of a total of 39224 words.
1%
Full Transcript

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Violence
0.1094699837
OpenAI Moderation v1 (007)
Violence > Graphic
0.1058425405
OpenAI Moderation v1 (007)
Hate
0.0438627641
OpenAI Moderation v1 (007)
Harassment
0.0432661996
OpenAI Moderation v1 (007)
Self-Harm
0.0091463116
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0068453352
OpenAI Moderation v1 (007)
Sexual > Minors
0.0061548039
OpenAI Moderation v1 (007)
Sexual
0.0053989097
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0008548172
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004360205
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.47595E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
5.2
Flesch-Kincaid Ease
65.8
Gunning-Fog Score
4.8
Coleman-Liau Index
10.9
SMOG Index
9
Automated Readability Index
2.1
Dale-Chall Readability Score
2.6
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
5

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.0469093444
OpenAI Moderation v1 (007)
Violence > Graphic
0.017515487
OpenAI Moderation v1 (007)
Violence
0.0136859933
OpenAI Moderation v1 (007)
Hate
0.0015667121
OpenAI Moderation v1 (007)
Sexual
0.0011611749
OpenAI Moderation v1 (007)
Self-Harm
0.000827573
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0002687105
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.26737E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.96244E-5
OpenAI Moderation v1 (007)
Sexual > Minors
6.03518E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.8932E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
55.646
Magnitude:
51
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
29.97
Magnitude:
51
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.6
Flesch-Kincaid Ease
49.5
Gunning-Fog Score
6
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
5.6
Dale-Chall Readability Score
6.6
Sprache Readability Score
1.7
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
5

Al D'Amato

Mr. President, today we begin consideration of S. 1260, the Securities Litigation Uniform Standards Act of 1998.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.103
Leans Positive
Moderation
Harassment
0.0422625482
OpenAI Moderation v1 (007)
Violence > Graphic
0.0195503497
OpenAI Moderation v1 (007)
Violence
0.0122124737
OpenAI Moderation v1 (007)
Hate
0.0007989051
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007056339
OpenAI Moderation v1 (007)
Sexual
0.0005744217
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001739579
OpenAI Moderation v1 (007)
Self-Harm
0.0001668611
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.71098E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.29142E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.34537E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.713
Magnitude:
36
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.1
Flesch-Kincaid Ease
46.8
Gunning-Fog Score
4.6
Coleman-Liau Index
12
SMOG Index
9.9
Automated Readability Index
4.4
Dale-Chall Readability Score
5.9
Sprache Readability Score
1.9
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
7

Al D'Amato

The Banking Committee reported this bill on April 29 by an overwhelming vote of 14-4. This bill has strong bipartisan support. It comes as no surprise to anybody who has followed the progress of this legislation. This bill is the product of a great deal of hard work. It has been refined through the incorporation of comments from many sources, including the Securities and Exchange Commission. As a result of this process, this bill not only has been improved, but it actually enjoys the support of the Securities Exchange Commission and the White House.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
2.19722
Harvard-IV (Relative)
0.86667
Very Positive
Harvard-IV (Absolute)
0.86667
Very Positive
Harvard-IV (Logit)
2.26868
VADER
0.962
Very Positive
Moderation
Harassment
0.0210792583
OpenAI Moderation v1 (007)
Violence > Graphic
0.0194610038
OpenAI Moderation v1 (007)
Sexual
0.0023339022
OpenAI Moderation v1 (007)
Hate
0.0021522785
OpenAI Moderation v1 (007)
Self-Harm
0.0019863766
OpenAI Moderation v1 (007)
Violence
0.0015827991
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0002696927
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002268669
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.67573E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.65621E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.6544E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.968
Magnitude:
84
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.1
Flesch-Kincaid Ease
58.1
Gunning-Fog Score
10.1
Coleman-Liau Index
11.9
SMOG Index
12
Automated Readability Index
8.6
Dale-Chall Readability Score
4.9
Sprache Readability Score
4.9
Dale-Chall Difficult Word Score
25
Sprache Difficult Word Count
28

Al D'Amato

Mr. President, I am not going to ask unanimous consent now that letters from the SEC and the White House be printed in the Record as if read, which is something we generally do. I think it is so important that I am going to take the time to refer to both letters and read what has been said, so that my colleagues can hear, and those who are interested in this debate can follow.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.66667
Very Positive
Harvard-IV (Absolute)
0.66667
Very Positive
Harvard-IV (Logit)
1.29928
VADER
0.557
Very Positive
Moderation
Harassment
0.6100455765
OpenAI Moderation v1 (007)
Violence
0.2359436126
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0723505858
OpenAI Moderation v1 (007)
Violence > Graphic
0.0274450984
OpenAI Moderation v1 (007)
Hate
0.0212913321
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0132951391
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0104475614
OpenAI Moderation v1 (007)
Self-Harm
0.0045211575
OpenAI Moderation v1 (007)
Sexual
0.0032204309
OpenAI Moderation v1 (007)
Sexual > Minors
0.0031268723
OpenAI Moderation v1 (007)
Hate > Threatening
0.0012451342
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.691
Magnitude:
100
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.7
Flesch-Kincaid Ease
69.8
Gunning-Fog Score
13.2
Coleman-Liau Index
7.6
SMOG Index
11.3
Automated Readability Index
9.8
Dale-Chall Readability Score
3.3
Sprache Readability Score
4.8
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
13

Al D'Amato

This is a letter, dated March 24, from the Securities and Exchange Commission, addressed to me as Chairman of the Banking Committee; Senator Gramm, Chairman of the Subcommittee; and Senator Dodd, who is the ranking member.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.296
Slightly Positive
Moderation
Violence
0.0742342672
OpenAI Moderation v1 (007)
Violence > Graphic
0.0497029163
OpenAI Moderation v1 (007)
Harassment
0.0347078341
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0090710309
OpenAI Moderation v1 (007)
Hate
0.0031770087
OpenAI Moderation v1 (007)
Sexual
0.001779207
OpenAI Moderation v1 (007)
Sexual > Minors
0.0010308371
OpenAI Moderation v1 (007)
Self-Harm
0.0001415439
OpenAI Moderation v1 (007)
Hate > Threatening
4.66308E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.71644E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.39411E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.102
Magnitude:
58
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
34
Gunning-Fog Score
14.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
14

Al D'Amato

Let me read it:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence > Graphic
0.0245856791
OpenAI Moderation v1 (007)
Violence
0.0158943425
OpenAI Moderation v1 (007)
Harassment
0.0152791356
OpenAI Moderation v1 (007)
Hate
0.011554821
OpenAI Moderation v1 (007)
Sexual
0.0043833203
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0036603917
OpenAI Moderation v1 (007)
Self-Harm
0.0006481931
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003989495
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002474559
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.16956E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.608E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
70.446
Magnitude:
140
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0
Flesch-Kincaid Ease
100
Gunning-Fog Score
1.6
Coleman-Liau Index
0.3
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
0.2
Sprache Readability Score
1.1
Dale-Chall Difficult Word Score
0
Sprache Difficult Word Count
0

Al D'Amato

Dear Chairman D'Amato, Chairman Gramm, and Senator Dodd:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.382
Somewhat Positive
Moderation
Harassment
1.1934629641
OpenAI Moderation v1 (007)
Violence
0.4027042538
OpenAI Moderation v1 (007)
Violence > Graphic
0.0902939122
OpenAI Moderation v1 (007)
Hate
0.0569468888
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0554603874
OpenAI Moderation v1 (007)
Sexual
0.0097810967
OpenAI Moderation v1 (007)
Self-Harm
0.0075635464
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0016273021
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004406993
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002382756
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001512335
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.151
Magnitude:
111
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.2
Flesch-Kincaid Ease
50.7
Gunning-Fog Score
3.2
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
9.1
Dale-Chall Readability Score
10
Sprache Readability Score
2
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
5

Al D'Amato

So we should underscore that, as a premise, the SEC says, we are going to look for a single standard, but we will preserve the rights of individuals to bring securities lawsuits wherever they choose.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.3979
VADER
0.226
Slightly Positive
Moderation
Harassment
0.0522604038
OpenAI Moderation v1 (007)
Sexual
0.01168995
OpenAI Moderation v1 (007)
Violence > Graphic
0.0071385723
OpenAI Moderation v1 (007)
Self-Harm
0.0035877511
OpenAI Moderation v1 (007)
Hate
0.0034305504
OpenAI Moderation v1 (007)
Violence
0.0028911849
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009967693
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0009590769
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003238589
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001706922
OpenAI Moderation v1 (007)
Hate > Threatening
1.28393E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.947
Magnitude:
118
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
48
Gunning-Fog Score
18.6
Coleman-Liau Index
11.1
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
12

Al D'Amato

So, Mr. President, we have a concern that was expressed as it existed in the 1995 law, and what the Securities and Exchange Commission said is, look, we want in the new proposal, as it relates to uniform standards, to clearly identify that you did not do away with, but will recognize the scienter standards. That has been accomplished. And I will go back to that.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.66667
Very Positive
Harvard-IV (Absolute)
0.66667
Very Positive
Harvard-IV (Logit)
1.29928
VADER
0.754
Very Positive
Moderation
Sexual
0.0395497889
OpenAI Moderation v1 (007)
Violence
0.0263109832
OpenAI Moderation v1 (007)
Violence > Graphic
0.0201049988
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0186720761
OpenAI Moderation v1 (007)
Harassment
0.0118326156
OpenAI Moderation v1 (007)
Hate
0.0068923582
OpenAI Moderation v1 (007)
Sexual > Minors
0.001118737
OpenAI Moderation v1 (007)
Self-Harm
0.0004169495
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001512055
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.57518E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.7924E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7.7
Flesch-Kincaid Ease
69.6
Gunning-Fog Score
10.2
Coleman-Liau Index
9.4
SMOG Index
11.3
Automated Readability Index
7
Dale-Chall Readability Score
4.6
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
18

Al D'Amato

Our October 1997 testimony also pointed out that S. 1260 could be interpreted to preempt certain state corporate governance claims, a consequence that we believe was neither intended nor desirable. In addition, we expressed concern that S. 1260's definition of class action appeared to be unnecessarily broad. We are grateful for your responsiveness to these concerns and believe that the amendments you propose to offer at the Banking Committee markup, as attached to your letter, will successfully resolve these issues.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.58779
Harvard-IV (Relative)
0.4
Somewhat Positive
Harvard-IV (Absolute)
0.4
Somewhat Positive
Harvard-IV (Logit)
0.76214
VADER
0.875
Very Positive
Moderation
Sexual
0.017359179
OpenAI Moderation v1 (007)
Violence
0.006163826
OpenAI Moderation v1 (007)
Violence > Graphic
0.0038217011
OpenAI Moderation v1 (007)
Self-Harm
0.0012977888
OpenAI Moderation v1 (007)
Harassment
0.0010771626
OpenAI Moderation v1 (007)
Hate
0.0009565466
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007630671
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002402374
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.38999E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.86766E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.2943E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
11
Flesch-Kincaid Ease
44.7
Gunning-Fog Score
12.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.3
Dale-Chall Readability Score
6.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
31
Sprache Difficult Word Count
35

Al D'Amato

So I think it is obvious that there has been considerable ongoing dialog and work between the Chairman of the Subcommittee, Senator Gramm of Texas, the ranking member, Senator Dodd, the Banking Committee staff and the SEC, to look and to deal with what is not only the proposals that we put forth for the first time, but to deal with some of the imperfections and some of the unintended consequences that may have evolved as a result of the 1995 act.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.1076866291
OpenAI Moderation v1 (007)
Hate
0.0062162668
OpenAI Moderation v1 (007)
Violence
0.0014707797
OpenAI Moderation v1 (007)
Violence > Graphic
0.0014557577
OpenAI Moderation v1 (007)
Sexual
0.0012990332
OpenAI Moderation v1 (007)
Self-Harm
0.0001615162
OpenAI Moderation v1 (007)
Harassment > Threatening
9.4308E-5
OpenAI Moderation v1 (007)
Sexual > Minors
5.12636E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.43788E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.73994E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.8794E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
87.386
Magnitude:
52
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
9.9
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
23

Al D'Amato

The ongoing dialog between our staffs has been constructive. The result of this dialogue, we believe, is an improved bill with legislative history that makes clear, by reference to the legislative debate in 1995, that Congress did not alter in any way the recklessness standard when it enacted the Reform Act. This will help to diminish confusion in the courts about the proper interpretation of that Act and add important assurances that the uniform standards provided by S. 1260 will contain this vital investor protection.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.625
Very Positive
Harvard-IV (Absolute)
0.625
Very Positive
Harvard-IV (Logit)
1.34993
VADER
0.856
Very Positive
Moderation
Violence
0.0184442004
OpenAI Moderation v1 (007)
Harassment
0.003235885
OpenAI Moderation v1 (007)
Hate
0.003044884
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0008320696
OpenAI Moderation v1 (007)
Sexual
0.0007378558
OpenAI Moderation v1 (007)
Violence > Graphic
0.0003600459
OpenAI Moderation v1 (007)
Sexual > Minors
9.63255E-5
OpenAI Moderation v1 (007)
Self-Harm
2.6925E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.48278E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.267E-7
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.84E-8
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
45.9
Gunning-Fog Score
17
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
27
Sprache Difficult Word Count
31

Al D'Amato

We support enactment of S. 1260 with these changes and with its important legislative history.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.542
Very Positive
Moderation
Sexual
0.0280738052
OpenAI Moderation v1 (007)
Violence
0.0069030604
OpenAI Moderation v1 (007)
Self-Harm
0.0039529194
OpenAI Moderation v1 (007)
Harassment
0.0039206891
OpenAI Moderation v1 (007)
Hate
0.0025597277
OpenAI Moderation v1 (007)
Violence > Graphic
0.0020036117
OpenAI Moderation v1 (007)
Sexual > Minors
0.000420552
OpenAI Moderation v1 (007)
Harassment > Threatening
0.000349325
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001822889
OpenAI Moderation v1 (007)
Hate > Threatening
4.07883E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.7682E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
24.908
Magnitude:
41
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Government Operations
Score:
23.603
Magnitude:
41
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7
Flesch-Kincaid Ease
58.2
Gunning-Fog Score
13.7
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
5.6
Dale-Chall Readability Score
3.5
Sprache Readability Score
1.9
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Al D'Amato

We appreciate the opportunity to comment on the legislation, and of course remain committed to working with the Committee as S. 1260 moves through the legislative process.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.765
Very Positive
Moderation
Violence > Graphic
0.0504357624
OpenAI Moderation v1 (007)
Harassment
0.0488316757
OpenAI Moderation v1 (007)
Violence
0.0389392226
OpenAI Moderation v1 (007)
Hate
0.0137904382
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0061422797
OpenAI Moderation v1 (007)
Sexual
0.0059572427
OpenAI Moderation v1 (007)
Hate > Threatening
0.0009864437
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0005955605
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002913632
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.92664E-5
OpenAI Moderation v1 (007)
Self-Harm
8.30799E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Education
Score:
44.642
Magnitude:
5
Code:
6
Url:
https://fsc.al/cap-mc#6
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.2
Flesch-Kincaid Ease
45.9
Gunning-Fog Score
12.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.4
Dale-Chall Readability Score
5.9
Sprache Readability Score
3.1
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
10

Al D'Amato

Sincerely, Arthur Levitt, Chairman; Isaac C. Hunt, Commissioner; Laura S. Unger, Commissioner.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.477
Positive
Moderation
Violence
0.0149059473
OpenAI Moderation v1 (007)
Harassment
0.0072528055
OpenAI Moderation v1 (007)
Sexual
0.002049758
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0015031183
OpenAI Moderation v1 (007)
Violence > Graphic
0.0006316448
OpenAI Moderation v1 (007)
Hate
0.0005165607
OpenAI Moderation v1 (007)
Hate > Threatening
2.23945E-5
OpenAI Moderation v1 (007)
Sexual > Minors
8.1884E-6
OpenAI Moderation v1 (007)
Self-Harm
3.6397E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.248E-7
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.208E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
91.702
Magnitude:
20
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
5.4
Gunning-Fog Score
1.6
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
9.6
Dale-Chall Readability Score
10
Sprache Readability Score
1.8
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
8

Al D'Amato

At this time, I ask unanimous consent that the letter be printed in the Record so that it can be viewed in its entirety.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.226
Slightly Positive
Moderation
Harassment
0.0263761642
OpenAI Moderation v1 (007)
Hate
0.0258863613
OpenAI Moderation v1 (007)
Violence
0.0032202162
OpenAI Moderation v1 (007)
Sexual
0.0024712912
OpenAI Moderation v1 (007)
Violence > Graphic
0.0023124696
OpenAI Moderation v1 (007)
Self-Harm
0.0006883179
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003819841
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.27792E-5
OpenAI Moderation v1 (007)
Sexual > Minors
7.29197E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.22529E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.4084E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
76.953
Magnitude:
72
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11
Flesch-Kincaid Ease
59.1
Gunning-Fog Score
12.9
Coleman-Liau Index
7.5
SMOG Index
11.3
Automated Readability Index
9.2
Dale-Chall Readability Score
4.5
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
6

Al D'Amato

Mr. President, I took the time to go through this because I think it is important that we understand that this has not been the product of one staff or two staffs. This has not been the product of just the Banking Committee and those in industry who have come to express their concern as to how it is that their class actions are being brought in a frivolous manner, using the State courts to get around what Congress debated and what Congress voted overwhelmingly to bring, which is a standard of conduct that will discourage a race to the courthouse, simply to bring a suit and simply to extort moneys from those who have deep pockets, because these suits can be long, they can be frivolous, and they can be dragged out. The cost factor to the people being sued is enormous -- the time, the distraction, particularly to startup companies, and particularly those who want to let people know what they are doing, but who felt restricted as a result of the suits that were brought.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0.08333
Neutral
Harvard-IV (Absolute)
0.08333
Neutral
Harvard-IV (Logit)
0.16034
VADER
-0.696
Very Negative
Moderation
Harassment
0.5517543294
OpenAI Moderation v1 (007)
Violence
0.1525293919
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0657425553
OpenAI Moderation v1 (007)
Violence > Graphic
0.0242177615
OpenAI Moderation v1 (007)
Hate
0.0203284857
OpenAI Moderation v1 (007)
Self-Harm
0.0015115317
OpenAI Moderation v1 (007)
Sexual
0.0006415788
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000220991
OpenAI Moderation v1 (007)
Hate > Threatening
9.92601E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.7575E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.43484E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
48.231
Magnitude:
50
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
39.81
Magnitude:
50
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
44.8
Gunning-Fog Score
19
Coleman-Liau Index
10.3
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
40
Sprache Difficult Word Count
40

Al D'Amato

I am not going to bother going into the history and the comments that have been made by many. But indeed there have been many, which clearly are a stain on the rightful practice of law to ensure the rights of those who have been aggrieved and would hold people responsible for actions that are not tortious, malicious, malevolent, and indeed when there are no actions that should be sustained under any court, but because of the cost involved would have insurance carriers, accountants firms, securities firms, manufacturers, and others, be held to a situation where they have to settle. Who do they settle with? They settle with the moneys that come from the little guy -- their stockholders. So while we say "stockholder derivative actions," the people hurt are indeed the stockholders.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.25
Slightly Positive
Harvard-IV (Absolute)
0.25
Slightly Positive
Harvard-IV (Logit)
0.47957
VADER
0.027
Neutral
Moderation
Violence
0.0045271197
OpenAI Moderation v1 (007)
Harassment
0.0041557963
OpenAI Moderation v1 (007)
Violence > Graphic
0.0030427826
OpenAI Moderation v1 (007)
Hate
0.0026740168
OpenAI Moderation v1 (007)
Sexual
0.0018694609
OpenAI Moderation v1 (007)
Self-Harm
0.0016715283
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0006020006
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003502394
OpenAI Moderation v1 (007)
Sexual > Minors
8.20731E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.65807E-5
OpenAI Moderation v1 (007)
Hate > Threatening
8.8192E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
68.992
Magnitude:
101
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Government Operations
Score:
23.259
Magnitude:
101
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
51.2
Gunning-Fog Score
16
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
29

Al D'Amato

Mr. President, I mentioned two letters. Let me read a second letter.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence
0.023195408
OpenAI Moderation v1 (007)
Sexual
0.0104863873
OpenAI Moderation v1 (007)
Sexual > Minors
0.0047398393
OpenAI Moderation v1 (007)
Harassment
0.0039779497
OpenAI Moderation v1 (007)
Violence > Graphic
0.0031737804
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0020459089
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003096027
OpenAI Moderation v1 (007)
Self-Harm
0.0002488645
OpenAI Moderation v1 (007)
Hate
0.0002269372
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001110956
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.9579E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
2.7
Flesch-Kincaid Ease
82.9
Gunning-Fog Score
1.6
Coleman-Liau Index
10.1
SMOG Index
3.3
Automated Readability Index
1.4
Dale-Chall Readability Score
4.1
Sprache Readability Score
1.4
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
3

Al D'Amato

The second letter is dated a month later to myself as Chairman of the Banking Committee, Senator Gramm as Chairman of the Subcommittee on Securities, Senator Dodd as ranking Member of that Committee, from the White House, dated April 28, 1998.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.296
Slightly Positive
Moderation
Harassment
0.120517984
OpenAI Moderation v1 (007)
Violence
0.0767745543
OpenAI Moderation v1 (007)
Sexual
0.0677387521
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0199401838
OpenAI Moderation v1 (007)
Hate
0.0067036286
OpenAI Moderation v1 (007)
Violence > Graphic
0.0030562122
OpenAI Moderation v1 (007)
Sexual > Minors
0.0028115423
OpenAI Moderation v1 (007)
Self-Harm
0.0007862021
OpenAI Moderation v1 (007)
Hate > Threatening
0.0005373219
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003879691
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.2675E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
31.1
Gunning-Fog Score
16.4
Coleman-Liau Index
11.6
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
14

Al D'Amato

Mr. President, I make note that the SEC informed the Banking Committee and the Subcommittee Chairman and ranking member on March 24. It was fully a month thereafter, on April 28, that again the President reaffirmed his support for this action, and in so doing went out of his way to point out that we, indeed, will improve the present state of the law because of the colloquy that will take place and because of the manner in which the law was written.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.60944
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.681
Very Positive
Moderation
Violence
0.2648293274
OpenAI Moderation v1 (007)
Harassment
0.1583146746
OpenAI Moderation v1 (007)
Violence > Graphic
0.0903768814
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0246944983
OpenAI Moderation v1 (007)
Hate
0.0075588243
OpenAI Moderation v1 (007)
Self-Harm
0.0064243533
OpenAI Moderation v1 (007)
Sexual
0.0010784855
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0006061993
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.00024756
OpenAI Moderation v1 (007)
Sexual > Minors
2.99626E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.24107E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
86.215
Magnitude:
66
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.8
Flesch-Kincaid Ease
66.6
Gunning-Fog Score
12
Coleman-Liau Index
9.5
SMOG Index
9.9
Automated Readability Index
12
Dale-Chall Readability Score
4.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
23

Al D'Amato

So here the President of the United States and the SEC and his Commissioner are saying you are improving upon the law as it stands now, in addition -- we will talk about that -- to closing a loophole that has been used by those who rush to the courts to bring suits because they are looking to enrich themselves, not to protect the little guy or the small investors. They are costing the little guy and small investors money. I think the broad-based support that this bill enjoys is a tribute to Senator Gramm. I want to say that for the record. He is here. He worked hard. His staff has worked hard. They have been reasonable. The chief sponsors of this legislation, Senators Gramm and Dodd have put together a tight bill intended to address a specific serious problem.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.69231
Very Positive
Harvard-IV (Absolute)
0.69231
Very Positive
Harvard-IV (Logit)
1.52606
VADER
0.516
Very Positive
Moderation
Harassment
0.1323435805
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1122034388
OpenAI Moderation v1 (007)
Violence
0.0978690805
OpenAI Moderation v1 (007)
Violence > Graphic
0.0738800154
OpenAI Moderation v1 (007)
Sexual
0.0052567735
OpenAI Moderation v1 (007)
Self-Harm
0.0043653788
OpenAI Moderation v1 (007)
Hate
0.00332645
OpenAI Moderation v1 (007)
Hate > Threatening
0.0013763382
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006171034
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003129113
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.05425E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
70.156
Magnitude:
53
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7
Flesch-Kincaid Ease
72.6
Gunning-Fog Score
9.1
Coleman-Liau Index
10
SMOG Index
10.4
Automated Readability Index
7
Dale-Chall Readability Score
4.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
34
Sprache Difficult Word Count
38

Al D'Amato

The problem to which I refer is a loophole that strike lawyers have found in the 1995 Private Securities Litigation Reform Bill which was fashioned again on the most part by Senators Gramm, Dodd, and Domenici.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.422
Negative
Moderation
Violence
0.6660874933
OpenAI Moderation v1 (007)
Harassment
0.2799819224
OpenAI Moderation v1 (007)
Harassment > Threatening
0.058045506
OpenAI Moderation v1 (007)
Hate
0.0319315877
OpenAI Moderation v1 (007)
Violence > Graphic
0.0142455887
OpenAI Moderation v1 (007)
Sexual
0.0018599507
OpenAI Moderation v1 (007)
Self-Harm
0.0012117988
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001870719
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001508178
OpenAI Moderation v1 (007)
Sexual > Minors
3.10778E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.21849E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.227
Magnitude:
85
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
38.7
Gunning-Fog Score
16.6
Coleman-Liau Index
11.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
13

Al D'Amato

Mr. President, the 1995 Act was passed in the last Congress in response to a wave of harassment litigation that threatened the efficiency and the integrity of our national stock markets, as well as the value of stock portfolios of individual investors. That is what is being hurt -- the little guy, the small individual investor in whose companies they had a share in were diminished in value as a result of these suits. This threat was particularly debilitating to the so-called high-tech companies who desperately needed access to our capital markets to raise the money needed for research, development, and production of cutting-edge technology. These companies, which have spearheaded our economy's resurgence, are particularly susceptible to strike suits because of the volatility of the price of their stock. Strike lawyers thrive on stock price fluctuations regardless of whether there is even a shred of evidence of fraud.
Sentiment
Loughran McDonald (Relative)
-0.63636
Very Negative
Loughran McDonald (Absolute)
-0.63636
Very Negative
Loughran McDonald (Logit)
-1.335
Harvard-IV (Relative)
0.03226
Neutral
Harvard-IV (Absolute)
0.03226
Neutral
Harvard-IV (Logit)
0.06252
VADER
-0.891
Very Negative
Moderation
Violence > Graphic
0.0565324211
OpenAI Moderation v1 (007)
Violence
0.0167971011
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0090435133
OpenAI Moderation v1 (007)
Harassment
0.0066347522
OpenAI Moderation v1 (007)
Sexual
0.0004906503
OpenAI Moderation v1 (007)
Self-Harm
0.0002171485
OpenAI Moderation v1 (007)
Hate
0.0001085012
OpenAI Moderation v1 (007)
Sexual > Minors
3.84946E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.96045E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.10511E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.1314E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
87.443
Magnitude:
37
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
37.6
Gunning-Fog Score
18.5
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
46
Sprache Difficult Word Count
49

Al D'Amato

Mr. President, this is the crux of the matter: That ultimately the cost of strike suits are borne by shareholders, including ordinary people saving for their children's education, or for their retirement. The average American goes into the stock market for long-term appreciation -- i.e., to earn solid rates of return. They do not buy a stock simply to be positioned for a class action when the stock's price drops. It is those people, the ordinary investors, who foot the bill for high-priced settlements of harassment litigation.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.23077
Slightly Positive
Harvard-IV (Absolute)
0.23077
Slightly Positive
Harvard-IV (Logit)
0.43532
VADER
-0.202
Slightly Negative
Moderation
Harassment
0.1680746558
OpenAI Moderation v1 (007)
Violence > Graphic
0.0122714016
OpenAI Moderation v1 (007)
Violence
0.0062131083
OpenAI Moderation v1 (007)
Hate
0.0047293011
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0030355863
OpenAI Moderation v1 (007)
Self-Harm
0.0003114878
OpenAI Moderation v1 (007)
Sexual
0.0002438236
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.53252E-5
OpenAI Moderation v1 (007)
Sexual > Minors
6.2459E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.1673E-6
OpenAI Moderation v1 (007)
Hate > Threatening
2.4096E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.703
Magnitude:
76
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.8
Flesch-Kincaid Ease
61.8
Gunning-Fog Score
11.4
Coleman-Liau Index
12
SMOG Index
11.6
Automated Readability Index
7.5
Dale-Chall Readability Score
5.2
Sprache Readability Score
4.8
Dale-Chall Difficult Word Score
26
Sprache Difficult Word Count
32

Al D'Amato

We are not talking about preventing legitimate litigation. Real plaintiffs with legitimate claims deserve their day in court. And we preserve that in this bill. But what we have seen in our Federal courts, and what we are now seeing in our State courts is little more than a judicially sanctioned shakedown that only benefits the lawyers. We are talking about lawsuits in which we have nominal plaintiffs, and the lawyers are the only real winners. One of these strike lawyers drove this point home best, one of the biggest and one of the largest, when he bragged that he had "the perfect practice". Why did he say that? He bragged about it. He said he has the "perfect practice." This is the fellow who has the largest, has brought more suits, hundreds of millions of dollars, who said he has "the perfect practice" because he has "no clients." Isn't that incredible? He has no clients. He recovers hundreds of millions of dollars. When it is recovered, who gets most of it? The lawyers do. The so-called clients get hurt because the company which they have stock in loses value. It loses time. It pays millions of dollars. It has higher insurance costs, higher costs for auditing. The auditors have to charge more because they get sued. The insurance companies have to charge more for their premiums because they wind up paying more. Who do you think gets hurt? The little guy. Who benefits? The fellow who says "I have got the perfect practice." Now, let me say this to you. This is a very, very, very small part of the law practice, is very specialized, relatively a handful of attorneys who have this, but let me tell you they hold hostage the companies of America, the private sector of America, as a result of what they can do by bringing these suits, suits that have no merit.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.17391
Leans Positive
Harvard-IV (Absolute)
0.17391
Leans Positive
Harvard-IV (Logit)
0.34377
VADER
0.824
Very Positive
Moderation
Harassment
3.9106797427
OpenAI Moderation v1 (007)
Harassment > Threatening
0.2160134725
OpenAI Moderation v1 (007)
Violence
0.0868232397
OpenAI Moderation v1 (007)
Violence > Graphic
0.0325771049
OpenAI Moderation v1 (007)
Hate
0.0280464068
OpenAI Moderation v1 (007)
Sexual
0.006072189
OpenAI Moderation v1 (007)
Self-Harm
0.0051854655
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0007378001
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001841507
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.16356E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.15321E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
84.496
Magnitude:
95
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6
Flesch-Kincaid Ease
72.8
Gunning-Fog Score
8.6
Coleman-Liau Index
10.2
SMOG Index
9.7
Automated Readability Index
5.3
Dale-Chall Readability Score
3.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
60
Sprache Difficult Word Count
56

Al D'Amato

As I have previously mentioned, harassment lawyers found a loophole in which to ply their trade -- the State court system. In the time since the 1995 Act was passed, we have seen these class-action lawyers rush to State courthouses. One witness before the Securities Subcommittee summarized this phenomenon well when he testified that the single fact is that State court class actions involving nationally traded securities were virtually unknown. In other words, prior to our 1995 Act, they just were not known. Now they are brought with some frequency.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.026
Neutral
Moderation
Harassment
0.0168925224
OpenAI Moderation v1 (007)
Sexual
0.0088540532
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0078667486
OpenAI Moderation v1 (007)
Violence
0.0044669825
OpenAI Moderation v1 (007)
Violence > Graphic
0.0027331549
OpenAI Moderation v1 (007)
Hate
0.0020608442
OpenAI Moderation v1 (007)
Sexual > Minors
0.0005085531
OpenAI Moderation v1 (007)
Self-Harm
0.0003154494
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.67214E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.00378E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.1933E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
86.058
Magnitude:
90
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.7
Flesch-Kincaid Ease
57.9
Gunning-Fog Score
13.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
10.9
Dale-Chall Readability Score
5.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
25
Sprache Difficult Word Count
29

Al D'Amato

This is a national problem. Regardless of where class actions are brought, they impact on the national stock markets. Money is moved away from job-creating, high-tech firms. Money is taken from shareholders in the form of stock price decline as a result of litigation. And where does this money go? It goes into the pockets of a very select cadre of these attorneys.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.542
Very Negative
Moderation
Violence
0.0256601692
OpenAI Moderation v1 (007)
Harassment
0.0237830434
OpenAI Moderation v1 (007)
Violence > Graphic
0.0114951894
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0024339437
OpenAI Moderation v1 (007)
Hate
0.000696306
OpenAI Moderation v1 (007)
Self-Harm
0.0005870882
OpenAI Moderation v1 (007)
Sexual
0.0004644167
OpenAI Moderation v1 (007)
Sexual > Minors
3.46896E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.10161E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.13478E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.426E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.054
Magnitude:
73
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.2
Flesch-Kincaid Ease
69.6
Gunning-Fog Score
8.6
Coleman-Liau Index
10.8
SMOG Index
9.4
Automated Readability Index
5.3
Dale-Chall Readability Score
4.7
Sprache Readability Score
3.7
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
21

Al D'Amato

In addition, these lawsuits have a chilling, a chilling effect on one of the most important provisions in the 1995 Act and that is called the safe harbor provision. Until this loophole is closed, no company can safely risk issuing any forecast, even though the market desperately wants it. So you cannot get a company to say: "This is what we predict; this is what we see," because they are subject to litigation. To do so is to invite a class action and a high-dollar settlement.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
0.4
Somewhat Positive
Harvard-IV (Absolute)
0.4
Somewhat Positive
Harvard-IV (Logit)
0.76214
VADER
0.142
Leans Positive
Moderation
Harassment
1.6822129488
OpenAI Moderation v1 (007)
Harassment > Threatening
0.2835646505
OpenAI Moderation v1 (007)
Violence
0.1458283397
OpenAI Moderation v1 (007)
Hate
0.0240860958
OpenAI Moderation v1 (007)
Violence > Graphic
0.0193223314
OpenAI Moderation v1 (007)
Sexual
0.0005363062
OpenAI Moderation v1 (007)
Self-Harm
5.92474E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.87055E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.26802E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.1493E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.418E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.901
Magnitude:
96
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.1
Flesch-Kincaid Ease
61.3
Gunning-Fog Score
12.8
Coleman-Liau Index
9.7
SMOG Index
11.8
Automated Readability Index
9.9
Dale-Chall Readability Score
4.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
19
Sprache Difficult Word Count
21

Al D'Amato

If someone makes a prediction and he is off by a little bit, he is sued. If someone makes a prediction, he says: "We think we are going to increase profits or sales by one-third," and he doesn't hit that target, he has a smaller than anticipated increase, that company is going to be sued. And so you cannot get the kind of advice that investors are looking for.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.95551
VADER
0.758
Very Positive
Moderation
Harassment
3.0791483819
OpenAI Moderation v1 (007)
Violence
0.2285240451
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1767070265
OpenAI Moderation v1 (007)
Violence > Graphic
0.0564248359
OpenAI Moderation v1 (007)
Hate
0.0120125827
OpenAI Moderation v1 (007)
Sexual
0.0113202746
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003929982
OpenAI Moderation v1 (007)
Self-Harm
0.0002951989
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.42513E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.79169E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.042E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.439
Magnitude:
75
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.5
Flesch-Kincaid Ease
68.3
Gunning-Fog Score
13.3
Coleman-Liau Index
7.8
SMOG Index
12
Automated Readability Index
9.1
Dale-Chall Readability Score
4.1
Sprache Readability Score
4.6
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
14

Al D'Amato

That is not what we want today. The bill's detractors are wrong. It will not prevent shareholder derivative actions or individual lawsuits or lawsuits by school districts or municipalities or State securities regulator enforcement actions or lawsuits relating to "microcap" or "penny" stock fraud. Those actions will still be permitted.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.823
Very Negative
Moderation
Harassment
2.7220869437
OpenAI Moderation v1 (007)
Hate
0.1541818143
OpenAI Moderation v1 (007)
Violence
0.0992042129
OpenAI Moderation v1 (007)
Violence > Graphic
0.0187526326
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0101936443
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0005245842
OpenAI Moderation v1 (007)
Self-Harm
0.0003561381
OpenAI Moderation v1 (007)
Sexual
0.0002736011
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001569401
OpenAI Moderation v1 (007)
Hate > Threatening
3.45894E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.47524E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
29.3
Magnitude:
18
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.5
Flesch-Kincaid Ease
35.1
Gunning-Fog Score
16.2
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11
Dale-Chall Readability Score
7.3
Sprache Readability Score
3.7
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
19

Al D'Amato

This is important legislation, and it is narrowly drawn to address a specific and serious problem. Time is short. There are very few legislative days remaining in the session, and I encourage my colleagues on both sides of the aisle not only to support this bill and to support the sponsors of this bill, but also that we move forward in a manner which can see that it is speedily enacted. Every day that we delay occasions more of these suits which needlessly cost consumers and stockholders and the American public millions and millions of dollars.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.99853
VADER
-0.202
Slightly Negative
Moderation
Violence
0.0375074218
OpenAI Moderation v1 (007)
Harassment
0.0141971104
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0033152264
OpenAI Moderation v1 (007)
Violence > Graphic
0.0014892211
OpenAI Moderation v1 (007)
Hate
0.0005560297
OpenAI Moderation v1 (007)
Sexual
0.0005199814
OpenAI Moderation v1 (007)
Self-Harm
0.0002145582
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001298064
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.70714E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.58364E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.19501E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.291
Magnitude:
73
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
48.5
Gunning-Fog Score
17.5
Coleman-Liau Index
11.7
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
25
Sprache Difficult Word Count
28

Al D'Amato

Again, I commend the architects of this legislation, Senators Dodd, Gramm, and Domenici, and I also, again, would point out that we have worked very closely with the Securities and Exchange Commission and with the White House in coming to this point.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.58779
VADER
0.625
Very Positive
Moderation
Violence
0.2003174042
OpenAI Moderation v1 (007)
Harassment > Threatening
0.024419601
OpenAI Moderation v1 (007)
Violence > Graphic
0.0239849411
OpenAI Moderation v1 (007)
Harassment
0.0106867177
OpenAI Moderation v1 (007)
Sexual
0.001211034
OpenAI Moderation v1 (007)
Sexual > Minors
0.000479691
OpenAI Moderation v1 (007)
Hate
0.0002205996
OpenAI Moderation v1 (007)
Self-Harm
0.0001543531
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.77038E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.79657E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.6447E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
67.953
Magnitude:
26
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
31.3
Gunning-Fog Score
18.7
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
11
Sprache Difficult Word Count
13

Al D'Amato

I yield the floor.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence > Graphic
0.0810461468
OpenAI Moderation v1 (007)
Harassment
0.070615951
OpenAI Moderation v1 (007)
Violence
0.0205781253
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0195365035
OpenAI Moderation v1 (007)
Hate
0.0062826024
OpenAI Moderation v1 (007)
Sexual
0.0016766948
OpenAI Moderation v1 (007)
Self-Harm
0.000482027
OpenAI Moderation v1 (007)
Sexual > Minors
9.2606E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.61771E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.42764E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.8568E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
83.461
Magnitude:
83
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0
Flesch-Kincaid Ease
100
Gunning-Fog Score
1.6
Coleman-Liau Index
4.7
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
4.1
Sprache Readability Score
1.2
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
1

Paul Sarbanes

Mr. President, I think it is important at the outset of this debate to try to dispel three misconceptions that surround S. 1260. The first is that class-action lawsuits alleging securities fraud have migrated from Federal court to State court since 1995 and the enactment of the earlier legislation.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.25
Slightly Negative
Harvard-IV (Absolute)
-0.25
Slightly Negative
Harvard-IV (Logit)
-0.45199
VADER
-0.34
Somewhat Negative
Moderation
Harassment
0.9496776387
OpenAI Moderation v1 (007)
Violence
0.0311430398
OpenAI Moderation v1 (007)
Hate
0.0190109466
OpenAI Moderation v1 (007)
Self-Harm
0.0097256459
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0093496907
OpenAI Moderation v1 (007)
Violence > Graphic
0.0019498662
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0011605406
OpenAI Moderation v1 (007)
Sexual
0.0007968917
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0005732287
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001400116
OpenAI Moderation v1 (007)
Hate > Threatening
7.63279E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
56.518
Magnitude:
59
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
33.005
Magnitude:
59
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.5
Flesch-Kincaid Ease
63.9
Gunning-Fog Score
11.4
Coleman-Liau Index
12
SMOG Index
11.8
Automated Readability Index
7.1
Dale-Chall Readability Score
6.3
Sprache Readability Score
3.8
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
20

Paul Sarbanes

In fact, as I will describe in some detail shortly, every study indicates that the number of securities fraud class actions brought in State courts, while it increased in 1996, then declined in 1997. So the numbers do not support that assertion.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.14286
Leans Positive
Harvard-IV (Absolute)
0.14286
Leans Positive
Harvard-IV (Logit)
0.25131
VADER
-0.177
Leans Negative
Moderation
Harassment
0.5057530943
OpenAI Moderation v1 (007)
Hate
0.0292187906
OpenAI Moderation v1 (007)
Violence > Graphic
0.0204153504
OpenAI Moderation v1 (007)
Violence
0.0107597269
OpenAI Moderation v1 (007)
Sexual
0.0054054733
OpenAI Moderation v1 (007)
Self-Harm
0.0012250312
OpenAI Moderation v1 (007)
Harassment > Threatening
0.000965209
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001985328
OpenAI Moderation v1 (007)
Hate > Threatening
3.19014E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.25042E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.61527E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
91.664
Magnitude:
109
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.7
Flesch-Kincaid Ease
62.6
Gunning-Fog Score
14.1
Coleman-Liau Index
10.8
SMOG Index
12
Automated Readability Index
10.4
Dale-Chall Readability Score
5.2
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
11
Sprache Difficult Word Count
15

Paul Sarbanes

The next misconception is that this bill would preempt only class- action lawsuits from being brought in State court. In fact, this bill likely will deprive individual investors of their own opportunities to bring their actions in State courts separate and apart from class actions.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
-0.273
Slightly Negative
Moderation
Harassment
0.014710387
OpenAI Moderation v1 (007)
Violence
0.0085236774
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0029564226
OpenAI Moderation v1 (007)
Hate
0.0009505558
OpenAI Moderation v1 (007)
Sexual
0.0007145546
OpenAI Moderation v1 (007)
Violence > Graphic
0.0006677562
OpenAI Moderation v1 (007)
Self-Harm
0.0001608467
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.30319E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.2838E-5
OpenAI Moderation v1 (007)
Sexual > Minors
6.6812E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.49E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
92.832
Magnitude:
57
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
48.6
Gunning-Fog Score
15.2
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.3
Sprache Readability Score
4.7
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
16

Paul Sarbanes

The final misperception about this bill, which is suggested, is that it enjoys widespread support. In reality, a broad coalition of State and local officials, senior citizen groups, labor unions, academics, and consumer groups oppose this bill. They oppose it because it goes too far. It will deprive defrauded investors of remedies.
Sentiment
Loughran McDonald (Relative)
-0.6
Very Negative
Loughran McDonald (Absolute)
-0.6
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.44
Positive
Moderation
Violence
0.0104032333
OpenAI Moderation v1 (007)
Violence > Graphic
0.0027234788
OpenAI Moderation v1 (007)
Sexual
0.0017760149
OpenAI Moderation v1 (007)
Harassment
0.0014512955
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0013608095
OpenAI Moderation v1 (007)
Hate
0.0002460006
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002018455
OpenAI Moderation v1 (007)
Self-Harm
2.9233E-6
OpenAI Moderation v1 (007)
Hate > Threatening
1.6453E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.6263E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.59E-8
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
78.454
Magnitude:
43
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.8
Flesch-Kincaid Ease
40.7
Gunning-Fog Score
16
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.6
Dale-Chall Readability Score
6.7
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
23

Paul Sarbanes

Once again, we have this classic example of being able to sort of try to address a problem and, instead of narrowly dealing with the problem, swinging the pendulum well beyond the problem and taking the so-called corrective legislation so far out that in and of itself it creates additional problems.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.61904
VADER
-0.765
Very Negative
Moderation
Violence
0.0282226916
OpenAI Moderation v1 (007)
Harassment
0.0157036411
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0099224228
OpenAI Moderation v1 (007)
Sexual > Minors
0.0051676354
OpenAI Moderation v1 (007)
Sexual
0.0050438335
OpenAI Moderation v1 (007)
Hate
0.0021758877
OpenAI Moderation v1 (007)
Violence > Graphic
0.0007272878
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002185658
OpenAI Moderation v1 (007)
Self-Harm
0.000120018
OpenAI Moderation v1 (007)
Hate > Threatening
6.54622E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.821E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
67.314
Magnitude:
48
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
22.3
Gunning-Fog Score
19
Coleman-Liau Index
11.9
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
17

Paul Sarbanes

Let me turn to the first misperception, the notion that securities fraud class actions are being brought in State court in order to avoid the provisions of the Litigation Act of 1995.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.58779
VADER
-0.681
Very Negative
Moderation
Violence
0.0375733798
OpenAI Moderation v1 (007)
Harassment
0.010331352
OpenAI Moderation v1 (007)
Sexual
0.0093463568
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0076652366
OpenAI Moderation v1 (007)
Violence > Graphic
0.0026837735
OpenAI Moderation v1 (007)
Sexual > Minors
0.0014569159
OpenAI Moderation v1 (007)
Hate
0.0007755509
OpenAI Moderation v1 (007)
Self-Harm
0.0001774397
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001289945
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.42291E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.645E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
47.5
Gunning-Fog Score
17.8
Coleman-Liau Index
11.1
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
12

Paul Sarbanes

It is correct that the number of such cases went up in 1996, the first year the Litigation Act was effective, but every available study shows that the number declined in 1997. For example, a study done by the National Economic Research Associates, a consulting firm, found that the number of securities class-action suits filed in State courts during the first 10 months of 1996 increased to 79 from 48 filed during the same period in 1995.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.38462
Somewhat Positive
Harvard-IV (Absolute)
0.38462
Somewhat Positive
Harvard-IV (Logit)
0.74721
VADER
0.799
Very Positive
Moderation
Violence
0.0469695893
OpenAI Moderation v1 (007)
Violence > Graphic
0.0375704636
OpenAI Moderation v1 (007)
Sexual
0.0073518808
OpenAI Moderation v1 (007)
Harassment
0.0035645611
OpenAI Moderation v1 (007)
Sexual > Minors
0.0029184572
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0004858215
OpenAI Moderation v1 (007)
Hate
0.0002064337
OpenAI Moderation v1 (007)
Self-Harm
0.0001361112
OpenAI Moderation v1 (007)
Hate > Threatening
2.58622E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.12173E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.562E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
45.8
Gunning-Fog Score
19
Coleman-Liau Index
9.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
21

Paul Sarbanes

In an update released in the summer of 1997, however, NERA found that the number of securities class actions filed in State courts during the first 4 months of 1997 declined to 19, down from 40 in the same period in 1996. So the number actually declined very significantly by more than half the first 4 months of 1997.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.473
Positive
Moderation
Violence > Graphic
0.0416110561
OpenAI Moderation v1 (007)
Violence
0.0086756882
OpenAI Moderation v1 (007)
Sexual
0.0074069394
OpenAI Moderation v1 (007)
Harassment
0.0005483744
OpenAI Moderation v1 (007)
Self-Harm
0.0002016431
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001303221
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.12211E-5
OpenAI Moderation v1 (007)
Harassment > Threatening
3.58579E-5
OpenAI Moderation v1 (007)
Hate
1.04771E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.7662E-6
OpenAI Moderation v1 (007)
Hate > Threatening
5.5379E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
11.5
Flesch-Kincaid Ease
65
Gunning-Fog Score
16.5
Coleman-Liau Index
7.5
SMOG Index
12
Automated Readability Index
11.9
Dale-Chall Readability Score
4.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
14

Paul Sarbanes

These numbers are cited in a report that was prepared by the Congressional Research Service. In July 1997, Professors Joseph Grundfest and Michael Perino of Stanford University Law School testified before the Securities Subcommittee, and in their testimony they show that the number of issuers sued only in State class actions declined from 33 in 1996 to an annualized rate of 18 in 1997. A Price Waterhouse securities litigation study posted by that accounting firm on its Internet site corroborated NERA's findings. Using data compiled by Securities Class Action Alert, based on the number of defendants sued, Price Waterhouse reported that the number of State court actions increased from 52 in 1995 to 66 in 1996 but then declined to 44 in 1997. That was lower than the number of such actions in 1991 or 1993.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0.23077
Slightly Positive
Harvard-IV (Absolute)
0.23077
Slightly Positive
Harvard-IV (Logit)
0.43532
VADER
0.477
Positive
Moderation
Harassment
0.0184613731
OpenAI Moderation v1 (007)
Sexual
0.0017233315
OpenAI Moderation v1 (007)
Violence
0.001488511
OpenAI Moderation v1 (007)
Hate
0.001354459
OpenAI Moderation v1 (007)
Violence > Graphic
0.0012091645
OpenAI Moderation v1 (007)
Self-Harm
0.0002534503
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001072997
OpenAI Moderation v1 (007)
Sexual > Minors
2.91904E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.75835E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.0386E-6
OpenAI Moderation v1 (007)
Hate > Threatening
3.473E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.037
Magnitude:
104
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
46.1
Gunning-Fog Score
15
Coleman-Liau Index
11.3
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
50
Sprache Difficult Word Count
49

Paul Sarbanes

The study went on to find that the total number of cases filed in 1997 showed little or no change -- little or no change -- from the average number of lawsuits filed in the period 1991 through 1995.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.60944
VADER
-0.43
Negative
Moderation
Violence > Graphic
0.0501323142
OpenAI Moderation v1 (007)
Sexual
0.0285003363
OpenAI Moderation v1 (007)
Violence
0.0064013962
OpenAI Moderation v1 (007)
Hate
0.001047276
OpenAI Moderation v1 (007)
Harassment
0.0010440978
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003750542
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001605562
OpenAI Moderation v1 (007)
Self-Harm
4.4066E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.1044E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.9728E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.994E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
66.182
Magnitude:
77
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
61.8
Gunning-Fog Score
17
Coleman-Liau Index
7
SMOG Index
11.3
Automated Readability Index
12
Dale-Chall Readability Score
4.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
7

Paul Sarbanes

Data provided to the committee by Price Waterhouse on February 20, 1998, also demonstrated that State court filings declined in 1997. Measured by the number of cases filed, the number of State securities class actions declined from 71 in 1996 to 39 in 1997. So much for this assertion of a rising number of suits being brought in the State courts. This really is a piece of legislation in search of a problem. And when you look at the facts, when you look at the numbers, the problem is not there.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.318
Somewhat Negative
Moderation
Sexual
0.0072799827
OpenAI Moderation v1 (007)
Violence > Graphic
0.0060375507
OpenAI Moderation v1 (007)
Violence
0.0052548392
OpenAI Moderation v1 (007)
Harassment
0.0039750143
OpenAI Moderation v1 (007)
Sexual > Minors
0.0011816243
OpenAI Moderation v1 (007)
Self-Harm
0.0010614353
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009474307
OpenAI Moderation v1 (007)
Hate
0.0008202437
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001063849
OpenAI Moderation v1 (007)
Hate > Threatening
7.2309E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.9786E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.2
Magnitude:
117
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.5
Flesch-Kincaid Ease
74
Gunning-Fog Score
10.8
Coleman-Liau Index
8.5
SMOG Index
11.3
Automated Readability Index
7.1
Dale-Chall Readability Score
4
Sprache Readability Score
4.7
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
22

Paul Sarbanes

Now let me turn to the notion that this bill addresses only class- action lawsuits. I think most people understand a class-action lawsuit to refer to lawsuits brought by one person on behalf of himself and all other people similarly situated, an anonymous and potentially large group of people. For class actions to be certified in Federal court, the Federal Rules of Civil Procedure require that the class be so numerous that joinder of all members is impracticable. In Federal court, a judge normally must find that common questions of law and fact predominate over questions only affecting individual members.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.27273
Slightly Positive
Harvard-IV (Absolute)
0.27273
Slightly Positive
Harvard-IV (Logit)
0.51083
VADER
-0.477
Negative
Moderation
Violence
0.0678019191
OpenAI Moderation v1 (007)
Sexual
0.0141824028
OpenAI Moderation v1 (007)
Hate
0.0074298019
OpenAI Moderation v1 (007)
Violence > Graphic
0.0047472444
OpenAI Moderation v1 (007)
Harassment
0.0025507798
OpenAI Moderation v1 (007)
Sexual > Minors
0.0012964353
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0008333465
OpenAI Moderation v1 (007)
Self-Harm
0.0001770538
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.97919E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.55789E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.0743E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
36.3
Gunning-Fog Score
16
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
32
Sprache Difficult Word Count
31

Paul Sarbanes

Class actions are a tool that allow plaintiffs to share the cost of a lawsuit when it might not be economical for any one of them to bring an action. But, because they can be brought on behalf of potentially an enormous class, they also carry with them the possibility of being misused to coerce defendants into settlement.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.296
Slightly Positive
Moderation
Harassment
0.0352481467
OpenAI Moderation v1 (007)
Violence
0.0079841397
OpenAI Moderation v1 (007)
Violence > Graphic
0.0059930549
OpenAI Moderation v1 (007)
Self-Harm
0.0035093297
OpenAI Moderation v1 (007)
Hate
0.0025504465
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0024948999
OpenAI Moderation v1 (007)
Sexual
0.001470596
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002427829
OpenAI Moderation v1 (007)
Sexual > Minors
6.80479E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.09199E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.2746E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.074
Magnitude:
94
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
46.1
Gunning-Fog Score
17.1
Coleman-Liau Index
10.8
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
18

Paul Sarbanes

This is the sort of situation that is ordinarily described by the proponents of such legislation as requiring a legislative enactment. But when you examine the legislation that comes in behind that assertion, you invariably find that the breadth of the legislation far exceeds this problem which they have identified, and which they constantly use in the discussion and the debate as the example of what they are trying to deal with. If we could limit the legislation to the examples that are cited, we might really come close to obtaining a consensus in this body about corrective measures. But the legislation goes far beyond the examples that are ordinarily used as constituting the basis for legislative enactment, and it is that expanded application of the legislative language, not the specific examples that are generally used, which creates the problem.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
0.36842
Somewhat Positive
Harvard-IV (Absolute)
0.36842
Somewhat Positive
Harvard-IV (Logit)
0.73089
VADER
-0.153
Leans Negative
Moderation
Violence
0.0244438037
OpenAI Moderation v1 (007)
Harassment
0.0169578663
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0166484577
OpenAI Moderation v1 (007)
Sexual
0.0083551473
OpenAI Moderation v1 (007)
Hate
0.0020773876
OpenAI Moderation v1 (007)
Violence > Graphic
0.0013152169
OpenAI Moderation v1 (007)
Hate > Threatening
0.0007491871
OpenAI Moderation v1 (007)
Self-Harm
0.0001887796
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.70719E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.21118E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.87831E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
23.9
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
45
Sprache Difficult Word Count
39

Paul Sarbanes

This bill is another example of that. It addresses more than the type of class-action case which is ordinarily cited as constituting a potential abuse of the legal process. This bill contains a definition of class action broad enough to pick up individual investors against their will. The bill would amend the Federal Securities laws to include a new definition of class action. It would include as class action any group of lawsuits in which damages are sought on behalf of more than 50 persons if those lawsuits are pending in the same court, involve common questions of law or fact, and have been consolidated as a single action for any purpose.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.375
Somewhat Positive
Harvard-IV (Absolute)
0.375
Somewhat Positive
Harvard-IV (Logit)
0.7376
VADER
-0.765
Very Negative
Moderation
Sexual
0.0077951423
OpenAI Moderation v1 (007)
Harassment
0.0021294996
OpenAI Moderation v1 (007)
Violence > Graphic
0.0017919183
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0017569921
OpenAI Moderation v1 (007)
Violence
0.0011183455
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002835905
OpenAI Moderation v1 (007)
Hate
0.000113086
OpenAI Moderation v1 (007)
Self-Harm
8.99806E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.07382E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.928E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.3803E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
54.208
Magnitude:
69
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.7
Flesch-Kincaid Ease
51.4
Gunning-Fog Score
13.3
Coleman-Liau Index
11.7
SMOG Index
12
Automated Readability Index
11.9
Dale-Chall Readability Score
6.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
37
Sprache Difficult Word Count
35

Paul Sarbanes

Even if the lawsuits are brought by separate lawyers without coordination -- in other words, you have 50 different investors who feel they have been cheated and want to bring a lawsuit -- there is no interplay or interaction amongst them, even if the common questions do not predominate -- which is a requirement in class-action suits, but weakened in this legislation -- those lawsuits, under this legislation, may qualify as a class action and thus be preempted.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.14286
Leans Positive
Harvard-IV (Absolute)
0.14286
Leans Positive
Harvard-IV (Logit)
0.25131
VADER
-0.802
Very Negative
Moderation
Violence > Graphic
0.0102048973
OpenAI Moderation v1 (007)
Violence
0.0026901387
OpenAI Moderation v1 (007)
Sexual
0.0023779483
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0018809882
OpenAI Moderation v1 (007)
Harassment
0.001186671
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001690692
OpenAI Moderation v1 (007)
Hate
0.0001193961
OpenAI Moderation v1 (007)
Self-Harm
4.94579E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.00468E-5
OpenAI Moderation v1 (007)
Hate > Threatening
6.5485E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.244E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
61.699
Magnitude:
47
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
20

Paul Sarbanes

So if an individual investor chooses to bring his own lawsuit in State court, to bear the expenses of litigation himself, he can be forced into Federal court. He can be made to abide by the Federal Rules if 50 other investors make the same decision about bringing a lawsuit, 50 other separate investors. Indeed, the bill provides an incentive for defendants to collude with parties to ensure that the preemption threshold is reached. Such a result goes well beyond ending abuses associated with class-action lawsuits. It deprives individual investors of their remedies.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0.38462
Somewhat Positive
Harvard-IV (Absolute)
0.38462
Somewhat Positive
Harvard-IV (Logit)
0.74721
VADER
-0.637
Very Negative
Moderation
Violence
0.039176087
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0168999177
OpenAI Moderation v1 (007)
Violence > Graphic
0.0130041866
OpenAI Moderation v1 (007)
Harassment
0.0097459029
OpenAI Moderation v1 (007)
Sexual
0.0028074297
OpenAI Moderation v1 (007)
Hate
0.0005790848
OpenAI Moderation v1 (007)
Sexual > Minors
0.0005072357
OpenAI Moderation v1 (007)
Self-Harm
0.0003105188
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002187316
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002042719
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001166618
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
64.464
Magnitude:
26
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.5
Flesch-Kincaid Ease
46.5
Gunning-Fog Score
14.3
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.2
Dale-Chall Readability Score
6.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
33
Sprache Difficult Word Count
32

Paul Sarbanes

The definition of class action in the bill would preempt other types of lawsuits as well. It includes as a class action any lawsuit in which damages are sought on behalf of more than 50 persons and common questions of law or fact predominate. The bill specifies that the predomination inquiry be made without reference to issues of individualized reliance on an alleged misstatement or omission. This would ensure that the investor receives the worst of both worlds. While the investor could not bring a class action under State law, because each investor must prove his or her reliance, they nonetheless constitute a class action under the bill and their suit is preempted.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.70805
Harvard-IV (Relative)
0.23077
Slightly Positive
Harvard-IV (Absolute)
0.23077
Slightly Positive
Harvard-IV (Logit)
0.43532
VADER
-0.7
Very Negative
Moderation
Violence
0.0373778137
OpenAI Moderation v1 (007)
Sexual
0.013511705
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0104603016
OpenAI Moderation v1 (007)
Harassment
0.0102730672
OpenAI Moderation v1 (007)
Violence > Graphic
0.0060724433
OpenAI Moderation v1 (007)
Hate > Threatening
0.0038086397
OpenAI Moderation v1 (007)
Sexual > Minors
0.0018978102
OpenAI Moderation v1 (007)
Self-Harm
0.0016016136
OpenAI Moderation v1 (007)
Hate
0.0003414312
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003105481
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.1385E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
24.001
Magnitude:
4
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
49.1
Gunning-Fog Score
15.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
36
Sprache Difficult Word Count
34

Paul Sarbanes

Finally, let me turn to the assertion that there is little or no opposition to this bill. In fact, the bill is opposed by State and local officials very vigorously, as a matter of fact. I note there that Orange County has just begun the first of its recoveries, in terms of being defrauded. Senior citizens groups, labor unions, consumer groups, columnists and editors, legal practitioners and academics have all weighed in on this debate. The headline of a column by Ben Stein in USA Today on April 28, summarizes this opposition: "Investors, beware: Last door to fight fraud could close." "Investors, beware: Last door to fight fraud could close." He wrote of this bill, the legislation before us:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.70805
Harvard-IV (Relative)
-0.6
Very Negative
Harvard-IV (Absolute)
-0.6
Very Negative
Harvard-IV (Logit)
-1.27297
VADER
-0.901
Very Negative
Moderation
Violence
0.0878645864
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0589113915
OpenAI Moderation v1 (007)
Harassment
0.0162012439
OpenAI Moderation v1 (007)
Self-Harm
0.0030165314
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0022347758
OpenAI Moderation v1 (007)
Sexual
0.0021390373
OpenAI Moderation v1 (007)
Hate
0.0017122327
OpenAI Moderation v1 (007)
Sexual > Minors
0.0010008623
OpenAI Moderation v1 (007)
Violence > Graphic
0.0009669142
OpenAI Moderation v1 (007)
Hate > Threatening
4.02408E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.14398E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9.6
Flesch-Kincaid Ease
56.6
Gunning-Fog Score
13.2
Coleman-Liau Index
11.6
SMOG Index
12
Automated Readability Index
9
Dale-Chall Readability Score
5.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
34
Sprache Difficult Word Count
39

Paul Sarbanes

He warns:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.103
Leans Negative
Moderation
Violence
0.0029528497
OpenAI Moderation v1 (007)
Sexual
0.0013075545
OpenAI Moderation v1 (007)
Harassment
0.0012368369
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007101666
OpenAI Moderation v1 (007)
Hate
0.0001842861
OpenAI Moderation v1 (007)
Violence > Graphic
0.000116188
OpenAI Moderation v1 (007)
Self-Harm
7.04726E-5
OpenAI Moderation v1 (007)
Sexual > Minors
6.54742E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.75017E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.3571E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.263E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
0
Flesch-Kincaid Ease
100
Gunning-Fog Score
0.8
Coleman-Liau Index
4.7
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
0.1
Sprache Readability Score
1
Dale-Chall Difficult Word Score
0
Sprache Difficult Word Count
1

Paul Sarbanes

This is serious business for the whole investing public.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
-0.077
Neutral
Moderation
Violence
0.0139777811
OpenAI Moderation v1 (007)
Hate
0.0057130419
OpenAI Moderation v1 (007)
Violence > Graphic
0.0052163399
OpenAI Moderation v1 (007)
Harassment
0.0017141181
OpenAI Moderation v1 (007)
Sexual
0.0011167533
OpenAI Moderation v1 (007)
Self-Harm
0.000536949
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003474555
OpenAI Moderation v1 (007)
Sexual > Minors
8.97389E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.86117E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.1039E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.2029E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
90.857
Magnitude:
75
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.6
Flesch-Kincaid Ease
56.7
Gunning-Fog Score
12.5
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
7.7
Dale-Chall Readability Score
5.7
Sprache Readability Score
2.1
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Paul Sarbanes

Mr. President, I ask unanimous consent that this entire column be printed in the Record.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.226
Slightly Positive
Moderation
Harassment
0.0158416879
OpenAI Moderation v1 (007)
Violence
0.0135753333
OpenAI Moderation v1 (007)
Violence > Graphic
0.0122576006
OpenAI Moderation v1 (007)
Hate
0.004075178
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0010816311
OpenAI Moderation v1 (007)
Sexual
0.001022385
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002393535
OpenAI Moderation v1 (007)
Self-Harm
0.0001667878
OpenAI Moderation v1 (007)
Hate > Threatening
6.79658E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.78052E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.7656E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
77.732
Magnitude:
43
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.2
Flesch-Kincaid Ease
63.9
Gunning-Fog Score
5.7
Coleman-Liau Index
12
SMOG Index
7.3
Automated Readability Index
4.6
Dale-Chall Readability Score
6.7
Sprache Readability Score
2.2
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
8

Paul Sarbanes

A number of groups representing State and Government officials, including the National League of Cities, the National Association of Counties, the Government Finance Officers Association, and the U.S. Conference of Mayors, oppose this bill, as do the National League of Cities National Association of Counties, Government Finance Officers Association, and the U.S. Conference of Mayors. I ask unanimous consent that a May 11, 1998, letter from these and other groups be printed in the Record.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.75
Very Positive
Harvard-IV (Absolute)
0.75
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.296
Slightly Positive
Moderation
Sexual
0.0129190288
OpenAI Moderation v1 (007)
Violence
0.0028992528
OpenAI Moderation v1 (007)
Harassment
0.0011353296
OpenAI Moderation v1 (007)
Hate
0.00089879
OpenAI Moderation v1 (007)
Violence > Graphic
0.000850368
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0006451713
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002505926
OpenAI Moderation v1 (007)
Hate > Threatening
5.57029E-5
OpenAI Moderation v1 (007)
Self-Harm
2.3279E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.29E-8
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.65E-8
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
33.192
Magnitude:
17
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10
Flesch-Kincaid Ease
46.6
Gunning-Fog Score
8.3
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.2
Dale-Chall Readability Score
4.9
Sprache Readability Score
3.8
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
19

Paul Sarbanes

Why are these public officials concerned about this bill? Why are these associations that represent public officials all across our Nation concerned about this bill? Because these public officials invest taxpayers' funds and public employees' pension funds in securities. And they fear they will be left without remedies if they are defrauded.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.33647
VADER
-0.331
Somewhat Negative
Moderation
Harassment
0.077465392
OpenAI Moderation v1 (007)
Violence
0.0114299699
OpenAI Moderation v1 (007)
Violence > Graphic
0.0067682027
OpenAI Moderation v1 (007)
Hate
0.0043241736
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0013392296
OpenAI Moderation v1 (007)
Self-Harm
0.0010031988
OpenAI Moderation v1 (007)
Sexual
0.0008855109
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002114862
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001364776
OpenAI Moderation v1 (007)
Hate > Threatening
4.70156E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.4777E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.475
Magnitude:
142
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.4
Flesch-Kincaid Ease
50.5
Gunning-Fog Score
13.7
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11
Dale-Chall Readability Score
6.1
Sprache Readability Score
3.6
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
17

Paul Sarbanes

Testifying before the Senate Banking Committee, Mayor Harry Smith of Greenwood, MS, warned:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.273
Slightly Negative
Moderation
Harassment
0.0446819584
OpenAI Moderation v1 (007)
Violence > Graphic
0.0113169292
OpenAI Moderation v1 (007)
Sexual
0.0091568792
OpenAI Moderation v1 (007)
Violence
0.0063221662
OpenAI Moderation v1 (007)
Self-Harm
0.0050404822
OpenAI Moderation v1 (007)
Hate
0.0048301357
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0029328372
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0027872808
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0018032892
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004548087
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002302868
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
67.061
Magnitude:
57
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.4
Flesch-Kincaid Ease
44
Gunning-Fog Score
5.2
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
12
Dale-Chall Readability Score
10
Sprache Readability Score
3
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
9

Paul Sarbanes

Over two dozen law professors, including such nationally recognized securities law experts as John Coffee, Jr., Joel Seligman and Marc Steinberg, expressed their opposition in a letter earlier this year. I ask unanimous consent that letter be printed in the Record.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
0.477
Positive
Moderation
Violence
0.0188847509
OpenAI Moderation v1 (007)
Violence > Graphic
0.0019594399
OpenAI Moderation v1 (007)
Harassment
0.0008577536
OpenAI Moderation v1 (007)
Sexual
0.0008538575
OpenAI Moderation v1 (007)
Self-Harm
0.0007375378
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0006356051
OpenAI Moderation v1 (007)
Hate
0.0005002501
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003241176
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001421198
OpenAI Moderation v1 (007)
Hate > Threatening
2.46488E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.87496E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
56.463
Magnitude:
66
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
25.504
Magnitude:
66
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.7
Flesch-Kincaid Ease
42.3
Gunning-Fog Score
13.3
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
10.4
Dale-Chall Readability Score
7.6
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
22

Paul Sarbanes

These distinguished law professors stated:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Harassment
0.0083301675
OpenAI Moderation v1 (007)
Violence
0.0071581293
OpenAI Moderation v1 (007)
Sexual
0.0047474117
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0026228734
OpenAI Moderation v1 (007)
Violence > Graphic
0.0023263781
OpenAI Moderation v1 (007)
Sexual > Minors
0.0012401344
OpenAI Moderation v1 (007)
Self-Harm
0.0006231081
OpenAI Moderation v1 (007)
Hate
0.0002017841
OpenAI Moderation v1 (007)
Hate > Threatening
4.00391E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.16505E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.2749E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
79.027
Magnitude:
18
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
15.6
Gunning-Fog Score
18
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
12
Dale-Chall Readability Score
9.7
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Paul Sarbanes

These distinguished academics oppose any legislation that would deny investors their right to sue for securities fraud under State law.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.33647
VADER
-0.612
Very Negative
Moderation
Violence > Graphic
0.0076996621
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0041970936
OpenAI Moderation v1 (007)
Harassment
0.001372834
OpenAI Moderation v1 (007)
Self-Harm
0.0012423848
OpenAI Moderation v1 (007)
Sexual
0.0010232405
OpenAI Moderation v1 (007)
Violence
0.0009382289
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0007831363
OpenAI Moderation v1 (007)
Hate
0.0004182541
OpenAI Moderation v1 (007)
Sexual > Minors
8.24801E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.37952E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.5599E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Transportation
Score:
87.722
Magnitude:
53
Code:
10
Url:
https://fsc.al/cap-mc#10
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
25.8
Gunning-Fog Score
18
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.1
Sprache Readability Score
4
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
11

Paul Sarbanes

Similarly, the New York State Bar Association opposes this bill. A report prepared by the Bar Association Section on Commercial and Federal Litigation concluded: "The existing data does not establish a need for the legislation," and, "the proposed solution far exceeds any appropriate level of remedy for the perceived problem." Let me repeat that quote from the report prepared by the New York State Bar Association Section on Commercial and Federal Litigation:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.70805
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.052
Neutral
Moderation
Violence
0.2099634148
OpenAI Moderation v1 (007)
Violence > Graphic
0.1096021966
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0555850682
OpenAI Moderation v1 (007)
Harassment
0.0162954879
OpenAI Moderation v1 (007)
Self-Harm
0.0077377452
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.003073562
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0012874511
OpenAI Moderation v1 (007)
Sexual
0.0006470815
OpenAI Moderation v1 (007)
Hate
0.0004617321
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003018142
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001264418
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.005
Magnitude:
22
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
28.6
Gunning-Fog Score
14.6
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
30
Sprache Difficult Word Count
27

Paul Sarbanes

The opposition goes on. As additional examples, I cite a March 30, 1998, editorial from the National Law Journal entitled "What's the Rush?" This editorial concludes:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0.273
Slightly Positive
Moderation
Violence
0.0372155395
OpenAI Moderation v1 (007)
Violence > Graphic
0.0237015061
OpenAI Moderation v1 (007)
Harassment
0.0202018084
OpenAI Moderation v1 (007)
Hate
0.0046737645
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0046274152
OpenAI Moderation v1 (007)
Sexual
0.0028149683
OpenAI Moderation v1 (007)
Sexual > Minors
0.000604419
OpenAI Moderation v1 (007)
Self-Harm
0.0001307921
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001260197
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.82757E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.375E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
38.673
Magnitude:
19
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.7
Flesch-Kincaid Ease
48.4
Gunning-Fog Score
12.7
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
5.7
Dale-Chall Readability Score
6.5
Sprache Readability Score
2.6
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
11

Paul Sarbanes

Mr. President, I ask unanimous consent that this editorial from the National Law Journal entitled "What's the Rush?" and concluding by saying, "The Senate should pause before it neutralizes State laws that still stand as a bulwark protecting investors against flimflam artists," be printed in the Record.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
0.459
Positive
Moderation
Violence
0.0544431445
OpenAI Moderation v1 (007)
Violence > Graphic
0.0327430345
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0084091567
OpenAI Moderation v1 (007)
Self-Harm
0.007978348
OpenAI Moderation v1 (007)
Harassment
0.0073839197
OpenAI Moderation v1 (007)
Hate
0.0048308913
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0008376738
OpenAI Moderation v1 (007)
Hate > Threatening
0.0007254217
OpenAI Moderation v1 (007)
Sexual
0.0003004602
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002441619
OpenAI Moderation v1 (007)
Sexual > Minors
4.61493E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
62.845
Magnitude:
41
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.4
Flesch-Kincaid Ease
48.7
Gunning-Fog Score
12.2
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.2
Dale-Chall Readability Score
6.8
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
23

Paul Sarbanes

Mr. President, I would like to point out also the opposition of the American Association of Retired Persons, the Consumer Federation of America, the AFL-CIO, the American Federation of State, County and Municipal Employees, and the United Mine Workers. I ask unanimous consent that letters from these groups expressing their opposition to this bill be printed in the Record.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.25
Slightly Negative
Harvard-IV (Absolute)
-0.25
Slightly Negative
Harvard-IV (Logit)
-0.45199
VADER
0.735
Very Positive
Moderation
Violence
0.0445828889
OpenAI Moderation v1 (007)
Harassment
0.0244948256
OpenAI Moderation v1 (007)
Sexual
0.0170704545
OpenAI Moderation v1 (007)
Violence > Graphic
0.0106467851
OpenAI Moderation v1 (007)
Hate
0.0026884973
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0014091498
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002785789
OpenAI Moderation v1 (007)
Hate > Threatening
7.75571E-5
OpenAI Moderation v1 (007)
Self-Harm
1.32488E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.719E-7
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.83E-8
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
32.8
Gunning-Fog Score
10.7
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
23

Paul Sarbanes

Mr. President, much will be made during the debate on this bill of the support it is asserted it enjoys from the Securities and Exchange Commission. But it seems to me that citing the support of the SEC tells only part of the story -- only part of the story.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.71429
Very Positive
Harvard-IV (Absolute)
0.71429
Very Positive
Harvard-IV (Logit)
1.46634
VADER
0.872
Very Positive
Moderation
Harassment
0.1292770146
OpenAI Moderation v1 (007)
Violence
0.0132498302
OpenAI Moderation v1 (007)
Violence > Graphic
0.0107758475
OpenAI Moderation v1 (007)
Self-Harm
0.0045369175
OpenAI Moderation v1 (007)
Hate
0.0018112294
OpenAI Moderation v1 (007)
Sexual
0.0010884927
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0008386283
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001332288
OpenAI Moderation v1 (007)
Sexual > Minors
5.52883E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.6156E-6
OpenAI Moderation v1 (007)
Hate > Threatening
1.816E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
82.906
Magnitude:
63
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.4
Flesch-Kincaid Ease
71.1
Gunning-Fog Score
7.3
Coleman-Liau Index
8.6
SMOG Index
9
Automated Readability Index
6.2
Dale-Chall Readability Score
4
Sprache Readability Score
3.6
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
12

Paul Sarbanes

First, SEC Commissioner Norman Johnson has written to express his opposition to the bill. His March 24, 1998, letter concludes:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence
0.007359864
OpenAI Moderation v1 (007)
Harassment
0.0023189401
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0021259324
OpenAI Moderation v1 (007)
Sexual
0.001390985
OpenAI Moderation v1 (007)
Violence > Graphic
0.0006962907
OpenAI Moderation v1 (007)
Hate
0.0002978406
OpenAI Moderation v1 (007)
Sexual > Minors
9.20782E-5
OpenAI Moderation v1 (007)
Self-Harm
4.62894E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.14723E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.01711E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.0895E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
33.434
Magnitude:
39
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Foreign Trade
Score:
29.785
Magnitude:
39
Code:
18
Url:
https://fsc.al/cap-mc#18
Source:
Comparative Agendas
Topic:
Transportation
Score:
20.436
Magnitude:
39
Code:
10
Url:
https://fsc.al/cap-mc#10
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.6
Flesch-Kincaid Ease
65.6
Gunning-Fog Score
6
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
6.4
Dale-Chall Readability Score
6
Sprache Readability Score
2.6
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
9

Paul Sarbanes

I ask unanimous consent to have Commissioner Johnson's letter printed in the Record.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.226
Slightly Positive
Moderation
Sexual
0.0203949618
OpenAI Moderation v1 (007)
Violence
0.0110116867
OpenAI Moderation v1 (007)
Violence > Graphic
0.0036996444
OpenAI Moderation v1 (007)
Harassment
0.0013282921
OpenAI Moderation v1 (007)
Sexual > Minors
0.0008599685
OpenAI Moderation v1 (007)
Self-Harm
0.000679922
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0004261733
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001198659
OpenAI Moderation v1 (007)
Hate > Threatening
3.09696E-5
OpenAI Moderation v1 (007)
Hate
2.06566E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.5846E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
30.9
Gunning-Fog Score
8.3
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
10.4
Dale-Chall Readability Score
6.7
Sprache Readability Score
2.7
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
6

Paul Sarbanes

Secondly, the SEC supports changes to the Federal antifraud standard to make it more protective of investors. In other words, if the SEC is going to be cited, as the proponents of this legislation have done, in support of their position, surely then they ought to pay attention to the SEC position which has been asserted seeking changes in the Federal antifraud standard to make it more protective. Let me give you a few examples.
Sentiment
Loughran McDonald (Relative)
0.33333
Somewhat Positive
Loughran McDonald (Absolute)
0.33333
Somewhat Positive
Loughran McDonald (Logit)
0.51083
Harvard-IV (Relative)
0.86667
Very Positive
Harvard-IV (Absolute)
0.86667
Very Positive
Harvard-IV (Logit)
2.26868
VADER
0.772
Very Positive
Moderation
Harassment
4.5559491962
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0879669911
OpenAI Moderation v1 (007)
Violence
0.0809640565
OpenAI Moderation v1 (007)
Hate
0.0472497108
OpenAI Moderation v1 (007)
Violence > Graphic
0.0219607609
OpenAI Moderation v1 (007)
Sexual
0.0005668108
OpenAI Moderation v1 (007)
Self-Harm
0.0001058281
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.36475E-5
OpenAI Moderation v1 (007)
Hate > Threatening
6.33973E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.09462E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.1508E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Civil Rights
Score:
93.21
Magnitude:
76
Code:
2
Url:
https://fsc.al/cap-mc#2
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
50.6
Gunning-Fog Score
16.4
Coleman-Liau Index
11.6
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
23
Sprache Difficult Word Count
18

Paul Sarbanes

The SEC supports a longer statute of limitations so that fraud artists do not escape liability by successfully concealing their frauds. The SEC supports the restoration of liability for aiders and abetters of securities fraud so that those who give substantial assistance to fraud artists do not escape liability.
Sentiment
Loughran McDonald (Relative)
-0.71429
Very Negative
Loughran McDonald (Absolute)
-0.71429
Very Negative
Loughran McDonald (Logit)
-1.46634
Harvard-IV (Relative)
-0.05882
Neutral
Harvard-IV (Absolute)
-0.05882
Neutral
Harvard-IV (Logit)
-0.11123
VADER
-0.349
Somewhat Negative
Moderation
Sexual
0.1309823827
OpenAI Moderation v1 (007)
Violence
0.042362354
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0292310491
OpenAI Moderation v1 (007)
Harassment
0.0102287078
OpenAI Moderation v1 (007)
Sexual > Minors
0.0039333958
OpenAI Moderation v1 (007)
Violence > Graphic
0.0023671217
OpenAI Moderation v1 (007)
Hate
0.0011218085
OpenAI Moderation v1 (007)
Hate > Threatening
6.29926E-5
OpenAI Moderation v1 (007)
Self-Harm
4.86933E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.25691E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.8372E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Civil Rights
Score:
93.907
Magnitude:
85
Code:
2
Url:
https://fsc.al/cap-mc#2
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
26.6
Gunning-Fog Score
18.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
17

Paul Sarbanes

The SEC supports codification of liability -- codification of liability -- for reckless conduct to ensure that professionals, such as accountants and underwriters, carry out their responsibilities under the Federal securities laws. In fact, Chairman Levitt reiterated his support for these provisions as recently as 6 weeks ago when he appeared before the Banking Committee for his renomination hearing. Nonetheless, these provisions are nowhere to be found in this bill.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.61904
VADER
0.572
Very Positive
Moderation
Violence
0.0309895899
OpenAI Moderation v1 (007)
Sexual
0.0176180969
OpenAI Moderation v1 (007)
Violence > Graphic
0.0066975452
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0055429377
OpenAI Moderation v1 (007)
Harassment
0.0004114628
OpenAI Moderation v1 (007)
Hate > Threatening
0.000322577
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003003651
OpenAI Moderation v1 (007)
Self-Harm
0.0002836351
OpenAI Moderation v1 (007)
Hate
0.0001334627
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.91737E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.7654E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
17.1
Gunning-Fog Score
17.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
27
Sprache Difficult Word Count
27

Paul Sarbanes

The supporters of this legislation argue the desirability of a uniform antifraud standard for securities traded on national securities exchanges, but they fail to address directly the question which we need to ask, whether the current Federal antifraud standard, as reflected by the 1995 act, deserves to be the uniform standard. Is the current antifraud standard, which they are now going to use to bring cases up from the State courts and deny investors the remedies under the State systems, is that standard adequate to protect investors?
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.52941
Very Positive
Harvard-IV (Absolute)
0.52941
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.013
Neutral
Moderation
Violence
0.0782423071
OpenAI Moderation v1 (007)
Violence > Graphic
0.0307201612
OpenAI Moderation v1 (007)
Harassment
0.0083653838
OpenAI Moderation v1 (007)
Hate
0.001063205
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007369605
OpenAI Moderation v1 (007)
Sexual
0.0007243867
OpenAI Moderation v1 (007)
Self-Harm
0.0001874683
OpenAI Moderation v1 (007)
Sexual > Minors
2.44661E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.27832E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.5168E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.576E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
18.8
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
30
Sprache Difficult Word Count
28

Paul Sarbanes

I voted against the 1995 act because I was concerned that it did not establish an appropriate standard. I was worried that it did not strike the proper balance between deterring frivolous securities suits and protecting investors who are victimized by securities fraud. None of us is in favor of frivolous securities suits, these so-called strike suits. But at the same time, I, for one, at least, do not want to go so far in trying to deal with that problem that I cease to protect investors who are victimized by securities fraud. There is a line in between, actually, I have asserted many times, I think, on which a consensus can be reached, but the legislation that keeps coming forward always overreaches -- it overreaches -- and therefore, I think, jeopardizes the protections that are available to investors who are innocent victims of securities frauds.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-3.43399
Harvard-IV (Relative)
0.25714
Slightly Positive
Harvard-IV (Absolute)
0.25714
Slightly Positive
Harvard-IV (Logit)
0.51083
VADER
-0.673
Very Negative
Moderation
Violence > Graphic
0.0263594702
OpenAI Moderation v1 (007)
Sexual
0.014477165
OpenAI Moderation v1 (007)
Violence
0.0034859346
OpenAI Moderation v1 (007)
Harassment
0.0011407278
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006675455
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0002245919
OpenAI Moderation v1 (007)
Self-Harm
6.83008E-5
OpenAI Moderation v1 (007)
Hate
6.58292E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.35614E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.8245E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.329E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
24.266
Magnitude:
43
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
45
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
44
Sprache Difficult Word Count
34

Paul Sarbanes

A number of securities law experts warn that the safe harbor for forward-looking statements enacted by that act could protect fraud. In addition, the proportionate liability provisions leave innocent victims suffering a loss while shielding those who participate in securities fraud. Of course, the 1995 act omitted the statute of limitations in aiding and abetting provisions recommended by the SEC, still recommended by the SEC, and, of course, not included in this legislation.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.94444
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.542
Very Negative
Moderation
Violence
0.0119959041
OpenAI Moderation v1 (007)
Harassment
0.0118679505
OpenAI Moderation v1 (007)
Violence > Graphic
0.0104376537
OpenAI Moderation v1 (007)
Sexual
0.0075932854
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0074340198
OpenAI Moderation v1 (007)
Hate
0.001970357
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006352882
OpenAI Moderation v1 (007)
Self-Harm
5.48698E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.86684E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.21289E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.751E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
89.082
Magnitude:
100
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
32
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
30
Sprache Difficult Word Count
29

Paul Sarbanes

Since the reform act was enacted, another concern has developed. Some district courts have relied on the legislative history of that act in concluding that the act's pleading standards eliminated liability for reckless conduct. Imagine, eliminating liability for reckless conduct.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
-0.55556
Very Negative
Harvard-IV (Absolute)
-0.55556
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
-0.791
Very Negative
Moderation
Violence
0.1653163577
OpenAI Moderation v1 (007)
Sexual
0.1255986281
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0698823831
OpenAI Moderation v1 (007)
Harassment
0.0484136952
OpenAI Moderation v1 (007)
Violence > Graphic
0.0131637309
OpenAI Moderation v1 (007)
Hate
0.0068116693
OpenAI Moderation v1 (007)
Sexual > Minors
0.0043289223
OpenAI Moderation v1 (007)
Self-Harm
0.001742518
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0014155423
OpenAI Moderation v1 (007)
Hate > Threatening
0.0007217925
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003991463
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
83.698
Magnitude:
104
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
22
Gunning-Fog Score
16.3
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.6
Sprache Readability Score
3.7
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
18

Paul Sarbanes

If that view prevails in the circuit courts, and if the Congress preempts, as this legislation proposes to do, causes of action under State laws, investors will be left with no remedies -- I underscore that, with no remedies -- against those whose reckless conduct makes a securities fraud possible.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.58779
VADER
-0.827
Very Negative
Moderation
Harassment
0.068451796
OpenAI Moderation v1 (007)
Violence
0.0125689505
OpenAI Moderation v1 (007)
Hate
0.0026846155
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0022533408
OpenAI Moderation v1 (007)
Violence > Graphic
0.0022010321
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0005334756
OpenAI Moderation v1 (007)
Self-Harm
0.0004394642
OpenAI Moderation v1 (007)
Sexual
0.0001685454
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.55046E-5
OpenAI Moderation v1 (007)
Sexual > Minors
7.03113E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.69765E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Labor
Score:
22.791
Magnitude:
66
Code:
5
Url:
https://fsc.al/cap-mc#5
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
24.2
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
20

Paul Sarbanes

It is for these reasons that the associations and various commentators I have cited are opposing this bill. They oppose this bill both because of its overly broad reach -- clearly because of its overly broad reach -- and because its sponsors fail to take this opportunity to correct the flaws of the earlier legislation. If the sponsors are going to eliminate recourse in the State courts, it becomes even more incumbent upon them to correct the Federal standard with respect to the shortcomings which have been identified in it and continue to be identified by the Securities and Exchange Commission.
Sentiment
Loughran McDonald (Relative)
-0.71429
Very Negative
Loughran McDonald (Absolute)
-0.71429
Very Negative
Loughran McDonald (Logit)
-1.46634
Harvard-IV (Relative)
0.25
Slightly Positive
Harvard-IV (Absolute)
0.25
Slightly Positive
Harvard-IV (Logit)
0.47957
VADER
0.572
Very Positive
Moderation
Violence > Graphic
0.0137192968
OpenAI Moderation v1 (007)
Violence
0.002107157
OpenAI Moderation v1 (007)
Harassment
0.0016643911
OpenAI Moderation v1 (007)
Sexual
0.0011052892
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009971876
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002150417
OpenAI Moderation v1 (007)
Self-Harm
0.0001608452
OpenAI Moderation v1 (007)
Hate
0.0001605785
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001547062
OpenAI Moderation v1 (007)
Hate > Threatening
2.31863E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.8345E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
28.269
Magnitude:
58
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
25.289
Magnitude:
58
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Government Operations
Score:
23.631
Magnitude:
58
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
33.2
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
27
Sprache Difficult Word Count
32

Richard Bryan

Will the Senator yield for a question?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Sexual
0.0154331734
OpenAI Moderation v1 (007)
Violence
0.0123609861
OpenAI Moderation v1 (007)
Violence > Graphic
0.0067418114
OpenAI Moderation v1 (007)
Harassment
0.002579956
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0013423291
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003582036
OpenAI Moderation v1 (007)
Hate
0.0001995436
OpenAI Moderation v1 (007)
Self-Harm
9.75602E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.19869E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.58526E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.891E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
4
Flesch-Kincaid Ease
78.9
Gunning-Fog Score
2.8
Coleman-Liau Index
10.2
SMOG Index
9
Automated Readability Index
2.9
Dale-Chall Readability Score
4.9
Sprache Readability Score
1.8
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
3

Paul Sarbanes

I yield to my colleague.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Violence
0.0375921343
OpenAI Moderation v1 (007)
Violence > Graphic
0.0236512555
OpenAI Moderation v1 (007)
Harassment
0.0037822032
OpenAI Moderation v1 (007)
Sexual
0.0012298104
OpenAI Moderation v1 (007)
Hate
0.0005261584
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001076835
OpenAI Moderation v1 (007)
Self-Harm
8.24058E-5
OpenAI Moderation v1 (007)
Sexual > Minors
4.37129E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.417E-6
OpenAI Moderation v1 (007)
Hate > Threatening
3.5533E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.363E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
0.5
Flesch-Kincaid Ease
100
Gunning-Fog Score
2
Coleman-Liau Index
6.5
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
6.6
Sprache Readability Score
1.4
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

Richard Bryan

The question I have is with reference to the Senator's observation about standard for reckless misconduct.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.51083
VADER
-0.402
Negative
Moderation
Sexual
0.2109589288
OpenAI Moderation v1 (007)
Harassment
0.0209641672
OpenAI Moderation v1 (007)
Sexual > Minors
0.0199735412
OpenAI Moderation v1 (007)
Violence
0.0168760846
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0056109897
OpenAI Moderation v1 (007)
Violence > Graphic
0.0042807274
OpenAI Moderation v1 (007)
Hate
0.0006885227
OpenAI Moderation v1 (007)
Self-Harm
0.0002985661
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002181672
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.000116492
OpenAI Moderation v1 (007)
Hate > Threatening
1.89204E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Civil Rights
Score:
95.434
Magnitude:
58
Code:
2
Url:
https://fsc.al/cap-mc#2
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
37.3
Gunning-Fog Score
13.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.7
Sprache Readability Score
3.2
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
7

Richard Bryan

As I understand, we have actual knowledge, we can have simple or ordinary negligence, we can have gross negligence, and then we can have a standard of reckless conduct which is an utter disregard of the facts. Is the Senator saying that the legislation that we are processing today does not clarify in the findings of this committee that we want to reaffirm that reckless misconduct ought to be a cause of action for those who are defrauded by investors?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.70805
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.852
Very Negative
Moderation
Sexual
0.0087933193
OpenAI Moderation v1 (007)
Violence > Graphic
0.0044768767
OpenAI Moderation v1 (007)
Violence
0.0042605676
OpenAI Moderation v1 (007)
Harassment > Threatening
0.000861727
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002638823
OpenAI Moderation v1 (007)
Harassment
9.98027E-5
OpenAI Moderation v1 (007)
Self-Harm
6.20335E-5
OpenAI Moderation v1 (007)
Hate
2.44274E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.28707E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.42421E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.36E-8
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
37.2
Gunning-Fog Score
19
Coleman-Liau Index
11.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
24
Sprache Difficult Word Count
25

Paul Sarbanes

I say to my colleague, as I understand it, this is what transpired. The 1995 act was being interpreted at the district court level, the Federal district court level -- the legislative history of it -- that the act's pleading standards eliminated liability for reckless conduct.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.542
Very Negative
Moderation
Violence
0.0228886071
OpenAI Moderation v1 (007)
Sexual
0.0071738119
OpenAI Moderation v1 (007)
Violence > Graphic
0.0061692299
OpenAI Moderation v1 (007)
Self-Harm
0.0011749386
OpenAI Moderation v1 (007)
Harassment > Threatening
0.001060741
OpenAI Moderation v1 (007)
Sexual > Minors
0.0005572235
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003704924
OpenAI Moderation v1 (007)
Harassment
0.0003336257
OpenAI Moderation v1 (007)
Hate
6.77112E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.91882E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.6499E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
46.161
Magnitude:
24
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
42.2
Gunning-Fog Score
14.3
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
4.8
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
18

Paul Sarbanes

Now, the SEC has come to us and said we should codify a reckless conduct right of action into the Federal standard. The legislation before us does not have such a codification.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
-0.402
Negative
Moderation
Violence
0.0041258605
OpenAI Moderation v1 (007)
Harassment > Threatening
0.001946767
OpenAI Moderation v1 (007)
Sexual
0.0015810974
OpenAI Moderation v1 (007)
Harassment
0.0008055043
OpenAI Moderation v1 (007)
Violence > Graphic
0.0003127272
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001237325
OpenAI Moderation v1 (007)
Self-Harm
3.07548E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.23906E-5
OpenAI Moderation v1 (007)
Hate
1.51737E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.7008E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.1E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
50.276
Magnitude:
65
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.7
Flesch-Kincaid Ease
61.1
Gunning-Fog Score
10.2
Coleman-Liau Index
10.3
SMOG Index
11.3
Automated Readability Index
7.5
Dale-Chall Readability Score
6.2
Sprache Readability Score
3.3
Dale-Chall Difficult Word Score
11
Sprache Difficult Word Count
9

Paul Sarbanes

Now, there is language in the report, but we do not have a codification. So you have the problem about the legislative history for the 1998 act. And it is not quite clear to me how it will supplant the legislative history for the 1995 act. A codification would do that but that is not in this bill.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.51083
VADER
-0.656
Very Negative
Moderation
Harassment
0.0173236956
OpenAI Moderation v1 (007)
Sexual
0.0093833361
OpenAI Moderation v1 (007)
Violence
0.0091710186
OpenAI Moderation v1 (007)
Violence > Graphic
0.0069044494
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0021520691
OpenAI Moderation v1 (007)
Self-Harm
0.001311756
OpenAI Moderation v1 (007)
Sexual > Minors
0.0010304842
OpenAI Moderation v1 (007)
Hate
0.0004246689
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002487129
OpenAI Moderation v1 (007)
Hate > Threatening
2.26205E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.8995E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
6.1
Flesch-Kincaid Ease
76.9
Gunning-Fog Score
9.9
Coleman-Liau Index
7.2
SMOG Index
10.3
Automated Readability Index
4.3
Dale-Chall Readability Score
2.4
Sprache Readability Score
3.1
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
8

Richard Bryan

We are talking about, if I understand, conduct that is more egregious even than gross negligence. We are talking about an utter disregard of the facts and the consequences that flow from that?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.51083
VADER
-0.637
Very Negative
Moderation
Sexual
0.0365281681
OpenAI Moderation v1 (007)
Violence
0.0178050468
OpenAI Moderation v1 (007)
Hate
0.0057669855
OpenAI Moderation v1 (007)
Sexual > Minors
0.0035797508
OpenAI Moderation v1 (007)
Violence > Graphic
0.0008991013
OpenAI Moderation v1 (007)
Harassment
0.000598837
OpenAI Moderation v1 (007)
Self-Harm
0.0002498726
OpenAI Moderation v1 (007)
Harassment > Threatening
0.000106667
OpenAI Moderation v1 (007)
Hate > Threatening
4.9171E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.1964E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.28E-8
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9.8
Flesch-Kincaid Ease
54.2
Gunning-Fog Score
12.7
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.1
Dale-Chall Readability Score
5.1
Sprache Readability Score
3.5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
10

Paul Sarbanes

That is right. If you want to talk about where you put the balance, how in the world would you drive the balance so far over that an investor who was the victim of reckless conduct would not have a remedy? It just defies any equitable striking of the balances with respect to, quote, "frivolous" lawsuits on the one hand, and investor protection on the other.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.09091
Neutral
Harvard-IV (Absolute)
0.09091
Neutral
Harvard-IV (Logit)
0.16705
VADER
0.296
Slightly Positive
Moderation
Violence
0.0687877124
OpenAI Moderation v1 (007)
Violence > Graphic
0.0056024241
OpenAI Moderation v1 (007)
Harassment
0.0036898069
OpenAI Moderation v1 (007)
Sexual
0.0023361468
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0012575641
OpenAI Moderation v1 (007)
Sexual > Minors
0.0005593794
OpenAI Moderation v1 (007)
Self-Harm
0.0002361252
OpenAI Moderation v1 (007)
Hate
7.09581E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.99031E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.3017E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.1555E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9.8
Flesch-Kincaid Ease
64
Gunning-Fog Score
13
Coleman-Liau Index
9.6
SMOG Index
12
Automated Readability Index
9.9
Dale-Chall Readability Score
5.2
Sprache Readability Score
4.5
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
14

Richard Bryan

So if I understand the Senator's position, if S. 1260 is passed, we preempt State class actions so that small investors would not have the advantage of a longer statute of limitations that a number of States -- I believe 33 out of the 50 -- provide to investors suing at the State level class actions.
Sentiment
Loughran McDonald (Relative)
0.33333
Somewhat Positive
Loughran McDonald (Absolute)
0.33333
Somewhat Positive
Loughran McDonald (Logit)
0.51083
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.09861
VADER
-0.272
Slightly Negative
Moderation
Harassment
0.0159766219
OpenAI Moderation v1 (007)
Violence
0.002254392
OpenAI Moderation v1 (007)
Sexual
0.0021538119
OpenAI Moderation v1 (007)
Violence > Graphic
0.0017587137
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007516161
OpenAI Moderation v1 (007)
Hate
0.0006881794
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002123249
OpenAI Moderation v1 (007)
Hate > Threatening
8.74454E-5
OpenAI Moderation v1 (007)
Self-Harm
3.1383E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.49E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.752E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
11.8
Flesch-Kincaid Ease
58.8
Gunning-Fog Score
16.7
Coleman-Liau Index
9.2
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
16

Richard Bryan

We would deprive the small investor of his or her opportunity to go against the accomplices, the lawyers, the accountants, and others who conspired with the primary perpetrator of fraud. That protection is taken away. And we also eliminate the ability to move and to obtain a joint and several liability judgment against those offenders. They are all things which I understand currently exist to the benefit of small investors as class actions at the State level in most States, if I am not mistaken.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.95551
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.706
Very Negative
Moderation
Violence > Graphic
0.0263848895
OpenAI Moderation v1 (007)
Violence
0.0239183704
OpenAI Moderation v1 (007)
Harassment
0.0026431921
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007414674
OpenAI Moderation v1 (007)
Sexual
0.0006727374
OpenAI Moderation v1 (007)
Hate
0.0004567878
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001014501
OpenAI Moderation v1 (007)
Self-Harm
7.19725E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.77752E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.21067E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.17E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
42.9
Gunning-Fog Score
17.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.8
Dale-Chall Readability Score
5.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
24
Sprache Difficult Word Count
28

Paul Sarbanes

The Senator is correct. Currently, what happened is we set a Federal standard in the 1995 act in the Federal courts. That still left to an investor the option of going into a State court to seek remedy.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.19722
VADER
0
Neutral
Moderation
Violence
0.0671697606
OpenAI Moderation v1 (007)
Harassment
0.0401412748
OpenAI Moderation v1 (007)
Violence > Graphic
0.0191628351
OpenAI Moderation v1 (007)
Hate
0.0057245317
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0024894858
OpenAI Moderation v1 (007)
Sexual
0.0018927098
OpenAI Moderation v1 (007)
Self-Harm
0.0006055856
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.96967E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.98603E-5
OpenAI Moderation v1 (007)
Sexual > Minors
1.11703E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.238E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
96.178
Magnitude:
109
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.1
Flesch-Kincaid Ease
73.8
Gunning-Fog Score
8.2
Coleman-Liau Index
8.5
SMOG Index
11.3
Automated Readability Index
4.4
Dale-Chall Readability Score
4.4
Sprache Readability Score
3.3
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
14

Paul Sarbanes

Now the proponents of this bill said, "Well, everyone who is going into Federal court bringing the so-called frivolous suits are now going to migrate into the State courts." The numbers show that has not happened. You have a little increase in 1996. The numbers came back down in 1997. The projected numbers are down. So you do not have that flood of litigation into the State courts, and yet investors had available to them State court remedies.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.33647
VADER
0.326
Somewhat Positive
Moderation
Violence
0.0667304615
OpenAI Moderation v1 (007)
Harassment
0.0473626918
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0289697025
OpenAI Moderation v1 (007)
Violence > Graphic
0.0068943831
OpenAI Moderation v1 (007)
Hate
0.0036535737
OpenAI Moderation v1 (007)
Sexual
0.0004943693
OpenAI Moderation v1 (007)
Self-Harm
0.0002353748
OpenAI Moderation v1 (007)
Hate > Threatening
2.59207E-5
OpenAI Moderation v1 (007)
Sexual > Minors
1.74212E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.1762E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.2665E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.839
Magnitude:
133
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
5.7
Flesch-Kincaid Ease
77.8
Gunning-Fog Score
9.3
Coleman-Liau Index
10.2
SMOG Index
10.3
Automated Readability Index
6
Dale-Chall Readability Score
3.3
Sprache Readability Score
3.8
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
19

Paul Sarbanes

Well, now what they are going to do is they are going to preempt the ability to bring the action in the State courts. Well, then, the proponents will say, "Well, we are just preempting it for these class actions. If you are an individual investor and you want to hire your lawyer, you will still be able to go into State court." But they define a class action in this bill in such a way, so broadly that it will sweep up individual investors who are really not part of a class- action suit.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.19722
VADER
0.785
Very Positive
Moderation
Violence > Graphic
0.058694859
OpenAI Moderation v1 (007)
Harassment
0.015008793
OpenAI Moderation v1 (007)
Violence
0.0079368852
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0026826194
OpenAI Moderation v1 (007)
Sexual
0.0023861123
OpenAI Moderation v1 (007)
Hate
0.0018090492
OpenAI Moderation v1 (007)
Self-Harm
0.001145174
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002901869
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002884773
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.62663E-5
OpenAI Moderation v1 (007)
Hate > Threatening
9.2389E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
83.621
Magnitude:
77
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.6
Flesch-Kincaid Ease
68.7
Gunning-Fog Score
13.7
Coleman-Liau Index
7.9
SMOG Index
12
Automated Readability Index
9.4
Dale-Chall Readability Score
4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
18

Paul Sarbanes

Those individual investors will then discover -- I mean, what is going to happen here, my prediction on this is that what is going to come before the Congress down the road, if this legislation passes, is small investors showing up in the Congress and saying, "This happened to me. And now I discover, because of the legislation which you all enacted, I can't get any remedy. And this isn't right." And Members are going to be looking at that, and they are going to say it is not right.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.42857
Positive
Harvard-IV (Absolute)
0.42857
Positive
Harvard-IV (Logit)
0.78846
VADER
0
Neutral
Moderation
Violence
0.0296369632
OpenAI Moderation v1 (007)
Harassment
0.0137046285
OpenAI Moderation v1 (007)
Sexual
0.0048847211
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0010774718
OpenAI Moderation v1 (007)
Violence > Graphic
0.0007697673
OpenAI Moderation v1 (007)
Hate
0.0003475907
OpenAI Moderation v1 (007)
Self-Harm
0.0002614695
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.65908E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.28452E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.66841E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.1003E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
92.1
Magnitude:
66
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.5
Flesch-Kincaid Ease
66.4
Gunning-Fog Score
13.4
Coleman-Liau Index
9.3
SMOG Index
12
Automated Readability Index
9.8
Dale-Chall Readability Score
3.6
Sprache Readability Score
4.5
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
14

Paul Sarbanes

That is why we are urging Members to pause and take a careful look at this before they put it into law. You can have a situation in which an individual investor goes in under State law within the statute of limitations. Often you do not discover these things. They are concealed. That is what fraud is all about. So he is within the statute of limitations. Other investors do the same thing.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.58779
VADER
-0.494
Negative
Moderation
Violence
0.0993001973
OpenAI Moderation v1 (007)
Violence > Graphic
0.0859579362
OpenAI Moderation v1 (007)
Harassment
0.0366423046
OpenAI Moderation v1 (007)
Hate
0.0096746706
OpenAI Moderation v1 (007)
Sexual
0.005941312
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0029664936
OpenAI Moderation v1 (007)
Self-Harm
0.0028710891
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001235153
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.12892E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.63774E-5
OpenAI Moderation v1 (007)
Hate > Threatening
9.552E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.598
Magnitude:
88
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
5.6
Flesch-Kincaid Ease
73.4
Gunning-Fog Score
8
Coleman-Liau Index
9.3
SMOG Index
9
Automated Readability Index
3.9
Dale-Chall Readability Score
3.5
Sprache Readability Score
3
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
13

Paul Sarbanes

So let us say it is New York or California or Illinois, and a whole wide group of people have been defrauded by some fraud artist. Well, if 50 of them come in and bring some kind of suit against this artist, they can be swept up into a class action, removed into the Federal court. They will go over to the Federal court, and then they say to them, "Well, our statute of limitations is shorter than your State statute of limitations under which you filed this action," which was timely filed in the State court.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
-0.14286
Leans Negative
Harvard-IV (Absolute)
-0.14286
Leans Negative
Harvard-IV (Logit)
-0.25131
VADER
-0.153
Leans Negative
Moderation
Violence
0.023379027
OpenAI Moderation v1 (007)
Violence > Graphic
0.0089736226
OpenAI Moderation v1 (007)
Harassment
0.007230576
OpenAI Moderation v1 (007)
Hate
0.0034413206
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0031118056
OpenAI Moderation v1 (007)
Sexual
0.0010013769
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004228947
OpenAI Moderation v1 (007)
Self-Harm
0.000407683
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.49382E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.00724E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.6541E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.728
Magnitude:
95
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
61.5
Gunning-Fog Score
14.2
Coleman-Liau Index
8.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
18

Paul Sarbanes

They acted on their rights within the time limitation of the State court. They had no idea they were going to get swept up the way this bill permits. And so all of a sudden they are over in Federal court, and they say to them "It's too bad. The statute of limitations has run. And you don't have an action. You don't have a cause of action." You are shut out of the courthouse.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
-0.42857
Negative
Harvard-IV (Absolute)
-0.42857
Negative
Harvard-IV (Logit)
-0.78846
VADER
-0.785
Very Negative
Moderation
Harassment
1.2548512779
OpenAI Moderation v1 (007)
Hate
0.0991043635
OpenAI Moderation v1 (007)
Violence
0.0802811934
OpenAI Moderation v1 (007)
Violence > Graphic
0.0154388108
OpenAI Moderation v1 (007)
Harassment > Threatening
0.010277603
OpenAI Moderation v1 (007)
Sexual
0.0085034626
OpenAI Moderation v1 (007)
Self-Harm
0.001189421
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003688007
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.98097E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.55771E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.87303E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.827
Magnitude:
97
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
3.4
Flesch-Kincaid Ease
89.9
Gunning-Fog Score
5.9
Coleman-Liau Index
6.9
SMOG Index
7.6
Automated Readability Index
2.1
Dale-Chall Readability Score
2.6
Sprache Readability Score
3.1
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
14

Paul Sarbanes

Now, where is the fairness in that? I defy anyone to show me the fairness in that process.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.60944
VADER
0
Neutral
Moderation
Harassment
0.0801334972
OpenAI Moderation v1 (007)
Violence
0.0390558067
OpenAI Moderation v1 (007)
Violence > Graphic
0.0155178452
OpenAI Moderation v1 (007)
Hate
0.0043807624
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0038876165
OpenAI Moderation v1 (007)
Sexual
0.0015301019
OpenAI Moderation v1 (007)
Self-Harm
0.0003645325
OpenAI Moderation v1 (007)
Sexual > Minors
0.00020508
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001072984
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.67291E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.5007E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.12
Magnitude:
85
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
3
Flesch-Kincaid Ease
89.6
Gunning-Fog Score
3.6
Coleman-Liau Index
7.1
SMOG Index
3.3
Automated Readability Index
1.4
Dale-Chall Readability Score
4
Sprache Readability Score
2
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
3

Richard Bryan

Is the Senator also suggesting that a remedy available at the State court level against an accomplice, whether it be a lawyer or an accountant, that would be available to the investor under State law, if removed under the process of the Federal court, which the Senator has just described, would preclude that small investor from a recovery against an accomplice who had participated in the fraud that resulted in the investor's loss?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.58779
VADER
-0.727
Very Negative
Moderation
Violence
0.1683365554
OpenAI Moderation v1 (007)
Harassment
0.076823734
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0345965382
OpenAI Moderation v1 (007)
Violence > Graphic
0.0152248613
OpenAI Moderation v1 (007)
Hate
0.0124427374
OpenAI Moderation v1 (007)
Sexual
0.0011484178
OpenAI Moderation v1 (007)
Hate > Threatening
0.0011107956
OpenAI Moderation v1 (007)
Self-Harm
0.0010629101
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001141142
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.37261E-5
OpenAI Moderation v1 (007)
Sexual > Minors
4.58196E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.803
Magnitude:
102
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
23
Sprache Difficult Word Count
24

Paul Sarbanes

The Senator is exactly on point. That is exactly what would happen, which would be exactly what would be permitted to take place under this legislation.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.4210110754
OpenAI Moderation v1 (007)
Harassment
0.2637944184
OpenAI Moderation v1 (007)
Violence > Graphic
0.0787433644
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0616991892
OpenAI Moderation v1 (007)
Hate
0.0198384238
OpenAI Moderation v1 (007)
Self-Harm
0.0017545375
OpenAI Moderation v1 (007)
Sexual
0.0011840779
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001303706
OpenAI Moderation v1 (007)
Hate > Threatening
8.16676E-5
OpenAI Moderation v1 (007)
Sexual > Minors
4.59744E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.28518E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.127
Magnitude:
84
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.1
Flesch-Kincaid Ease
60.2
Gunning-Fog Score
12.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
7.5
Dale-Chall Readability Score
4.3
Sprache Readability Score
2.6
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
4

Paul Sarbanes

When the 1995 bill was passed, people said, "Well, we are defining this Federal standard. People can still go into the State court, the individual investor, and get a remedy." Now they come along and they say, "Well, we're going to preempt the State courts in quote, `class actions,"' but then they define class actions so broadly that it will sweep up individual investors. It can sweep up people who are not bringing what we traditionally recognize and know as a class action.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.75
Very Positive
Harvard-IV (Absolute)
0.75
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.273
Slightly Positive
Moderation
Harassment
0.1550102141
OpenAI Moderation v1 (007)
Violence > Graphic
0.1491251634
OpenAI Moderation v1 (007)
Violence
0.0566254719
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0212213883
OpenAI Moderation v1 (007)
Sexual
0.0040618354
OpenAI Moderation v1 (007)
Hate
0.0036432684
OpenAI Moderation v1 (007)
Self-Harm
0.0024014922
OpenAI Moderation v1 (007)
Sexual > Minors
0.000418775
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002987267
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002906076
OpenAI Moderation v1 (007)
Hate > Threatening
2.65178E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
88.431
Magnitude:
46
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.6
Flesch-Kincaid Ease
63.7
Gunning-Fog Score
13.2
Coleman-Liau Index
10.3
SMOG Index
12
Automated Readability Index
9.9
Dale-Chall Readability Score
5.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
22

Paul Sarbanes

So it is once again an example of overreaching, as this mayor indicated from Greenwood, MS, that removing these protections would have grave consequences. This thing goes beyond anything that is required to deal with -- the New York State Bar Association quote, I think, is the best on this very point when they said, "The proposed solution far exceeds any appropriate level of remedy for the perceived problem." I am saying to the opponents, look, let us examine what you assert as the problem. And we will hear examples of a problem that will be cited. Most of those examples, I am sure I would think something needs to be done about them. But the solution, the proposed solution here will far exceed the examples. What is going to happen is eventually -- and that is why I think these people are opposing this legislation I have cited.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.402
Positive
Moderation
Harassment
0.3000536235
OpenAI Moderation v1 (007)
Hate
0.0178706992
OpenAI Moderation v1 (007)
Violence
0.0118319265
OpenAI Moderation v1 (007)
Violence > Graphic
0.0106111678
OpenAI Moderation v1 (007)
Sexual
0.0035022684
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003452244
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0002231091
OpenAI Moderation v1 (007)
Self-Harm
0.000137223
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.6204E-6
OpenAI Moderation v1 (007)
Hate > Threatening
5.8401E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.5363E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
61.719
Magnitude:
45
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.7
Flesch-Kincaid Ease
55.5
Gunning-Fog Score
14.7
Coleman-Liau Index
10.9
SMOG Index
12
Automated Readability Index
10.4
Dale-Chall Readability Score
5.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
39
Sprache Difficult Word Count
34

Paul Sarbanes

I think Senators need to be cautious. This, in effect, is an investor's beware legislation -- investors beware. I think in the future we are going to be petitioned or importuned in the Congress to correct this overreaching because innocent people will have been denied their remedy against fraud artists who have cheated them out of their life savings.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
0.11111
Leans Positive
Harvard-IV (Absolute)
0.11111
Leans Positive
Harvard-IV (Logit)
0.20067
VADER
-0.84
Very Negative
Moderation
Harassment
0.6095666904
OpenAI Moderation v1 (007)
Violence
0.3127324162
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1057953457
OpenAI Moderation v1 (007)
Violence > Graphic
0.0624482462
OpenAI Moderation v1 (007)
Hate
0.0263785245
OpenAI Moderation v1 (007)
Sexual
0.0170079351
OpenAI Moderation v1 (007)
Sexual > Minors
0.001041996
OpenAI Moderation v1 (007)
Self-Harm
0.0010287826
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004244442
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001736524
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001354472
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.484
Magnitude:
95
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.9
Flesch-Kincaid Ease
51.6
Gunning-Fog Score
13.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.5
Dale-Chall Readability Score
5.9
Sprache Readability Score
4.8
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
22

Paul Sarbanes

Let me just note that we are at a time of record high in our Nation's stock market. The current bull market is the longest in history. Stocks are trading at a price-earnings ratio that exceed even those reported in the 1920s. The level of participation in the stock market by America's families is also at a record level, both directly through ownership of stocks and indirectly through pension funds and mutual funds. History suggests that at some point the bull market will end, and history also suggests that when that occurs is when securities fraud will be exposed. You don't get that much exposure in a rising market.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.42857
Negative
Harvard-IV (Absolute)
-0.42857
Negative
Harvard-IV (Logit)
-0.78846
VADER
-0.44
Negative
Moderation
Harassment
0.0248920231
OpenAI Moderation v1 (007)
Violence > Graphic
0.005129569
OpenAI Moderation v1 (007)
Violence
0.0043978911
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0027379396
OpenAI Moderation v1 (007)
Self-Harm
0.0002601554
OpenAI Moderation v1 (007)
Hate
0.0001605474
OpenAI Moderation v1 (007)
Sexual
8.33502E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.49639E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.9667E-6
OpenAI Moderation v1 (007)
Sexual > Minors
1.2812E-6
OpenAI Moderation v1 (007)
Hate > Threatening
1.041E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
65.171
Magnitude:
60
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
22.714
Magnitude:
60
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.7
Flesch-Kincaid Ease
58.3
Gunning-Fog Score
12.8
Coleman-Liau Index
10.9
SMOG Index
12
Automated Readability Index
9.1
Dale-Chall Readability Score
4.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
24
Sprache Difficult Word Count
29

Paul Sarbanes

Should this bill be enacted, at that time many investors will find their State court remedies eliminated. In too many cases investors will be left without any effective remedies at all. Such a result can only harm innocent investors, undermine public confidence in the securities market, and ultimately raise the cost of capital for deserving American businesses.
Sentiment
Loughran McDonald (Relative)
0.33333
Somewhat Positive
Loughran McDonald (Absolute)
0.33333
Somewhat Positive
Loughran McDonald (Logit)
0.51083
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.63599
VADER
0.149
Leans Positive
Moderation
Harassment
1.3256375678
OpenAI Moderation v1 (007)
Violence
0.1111528836
OpenAI Moderation v1 (007)
Violence > Graphic
0.0262528745
OpenAI Moderation v1 (007)
Hate
0.0210271057
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0157844202
OpenAI Moderation v1 (007)
Sexual
0.0052651918
OpenAI Moderation v1 (007)
Sexual > Minors
0.0013632854
OpenAI Moderation v1 (007)
Self-Harm
0.0007340538
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001397017
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.62733E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.48652E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
89.633
Magnitude:
47
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
31.7
Gunning-Fog Score
18.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.4
Sprache Readability Score
4.6
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
20

Paul Sarbanes

I urge my colleagues to think long and hard about this legislation, to be very careful about it. It far exceeds what needs to be done in terms of addressing any perceived problem. I think we need to be extremely sensitive to it.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.304
Somewhat Negative
Moderation
Harassment
0.0420895667
OpenAI Moderation v1 (007)
Violence
0.023422089
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0076991921
OpenAI Moderation v1 (007)
Sexual
0.0024780571
OpenAI Moderation v1 (007)
Violence > Graphic
0.002460096
OpenAI Moderation v1 (007)
Hate
0.0019037432
OpenAI Moderation v1 (007)
Sexual > Minors
0.0009493455
OpenAI Moderation v1 (007)
Self-Harm
5.27162E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.41873E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.66795E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.62333E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
88.124
Magnitude:
96
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.3
Flesch-Kincaid Ease
68.3
Gunning-Fog Score
10.4
Coleman-Liau Index
9.1
SMOG Index
10.6
Automated Readability Index
5.7
Dale-Chall Readability Score
4
Sprache Readability Score
3.1
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
9

Paul Sarbanes

I expect a number of amendments to be offered to this bill as we proceed with its consideration. I look forward to discussing those at the appropriate time as we seek to correct what I think are some of the more obvious and egregious flaws in this legislation.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.71429
Very Positive
Harvard-IV (Absolute)
0.71429
Very Positive
Harvard-IV (Logit)
1.46634
VADER
0.077
Neutral
Moderation
Harassment
0.2288616495
OpenAI Moderation v1 (007)
Violence
0.1629555598
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0747399172
OpenAI Moderation v1 (007)
Violence > Graphic
0.064584706
OpenAI Moderation v1 (007)
Hate
0.0293730787
OpenAI Moderation v1 (007)
Sexual
0.0033827044
OpenAI Moderation v1 (007)
Self-Harm
0.0014153615
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002379477
OpenAI Moderation v1 (007)
Hate > Threatening
4.64302E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.29858E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.02838E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.608
Magnitude:
137
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.7
Flesch-Kincaid Ease
53.8
Gunning-Fog Score
15.4
Coleman-Liau Index
10.1
SMOG Index
12
Automated Readability Index
11.3
Dale-Chall Readability Score
4.5
Sprache Readability Score
4.8
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
15

Paul Sarbanes

I yield the floor.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence > Graphic
0.0462349388
OpenAI Moderation v1 (007)
Harassment
0.0094604591
OpenAI Moderation v1 (007)
Hate
0.0052045041
OpenAI Moderation v1 (007)
Self-Harm
0.0026905207
OpenAI Moderation v1 (007)
Sexual
0.0026777325
OpenAI Moderation v1 (007)
Violence
0.0025477773
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001726142
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001505659
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001392649
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.60472E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.91858E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
93.624
Magnitude:
36
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0
Flesch-Kincaid Ease
100
Gunning-Fog Score
1.6
Coleman-Liau Index
4.7
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
4.1
Sprache Readability Score
1.2
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
1

The PRESIDING OFFICER (Ms. Collins). The Senator from Connecticut is recognized.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.0018345605
OpenAI Moderation v1 (007)
Hate
0.001627693
OpenAI Moderation v1 (007)
Violence > Graphic
0.0014352524
OpenAI Moderation v1 (007)
Violence
0.000889086
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002142571
OpenAI Moderation v1 (007)
Sexual
0.0002129312
OpenAI Moderation v1 (007)
Harassment > Threatening
6.02829E-5
OpenAI Moderation v1 (007)
Sexual > Minors
3.6722E-5
OpenAI Moderation v1 (007)
Self-Harm
8.7303E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.8827E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.1426E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
85.827
Magnitude:
21
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.5
Flesch-Kincaid Ease
26.2
Gunning-Fog Score
5.1
Coleman-Liau Index
12
SMOG Index
10.6
Automated Readability Index
8.2
Dale-Chall Readability Score
8.8
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
6

Chris Dodd

Madam President, let me begin by thanking my chairman of the committee, Senator D'Amato, and Senator Gramm with whom I authored this particular proposal.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
0
Neutral
Moderation
Harassment
0.4334019963
OpenAI Moderation v1 (007)
Violence > Graphic
0.0795430853
OpenAI Moderation v1 (007)
Sexual
0.0645853288
OpenAI Moderation v1 (007)
Violence
0.063919113
OpenAI Moderation v1 (007)
Hate
0.0476275862
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0086515734
OpenAI Moderation v1 (007)
Self-Harm
0.0060763999
OpenAI Moderation v1 (007)
Sexual > Minors
0.0029276453
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001906658
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001124378
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.30448E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
45.163
Magnitude:
78
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
39.5
Magnitude:
78
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
30.9
Gunning-Fog Score
14.6
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
9.1
Sprache Readability Score
4.5
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
12

Chris Dodd

Senator Domenici has been very involved in this issue, going back a number of years when the issue first arose, trying to deal with this sinister practice going on of strike lawsuits and predator law firms. I will share briefly some news out this morning as to how the law firms that we are trying to deal with operate, where the issue of fraudulent behavior is hardly their motivation; it has to do with simple stock fluctuation. Some Internet activity today will highlight that in categorical terms, as early as about 4 or 5 hours ago. This is a pervasive problem that needs to be addressed.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.14286
Leans Negative
Harvard-IV (Absolute)
-0.14286
Leans Negative
Harvard-IV (Logit)
-0.26826
VADER
-0.245
Slightly Negative
Moderation
Harassment
0.1946154051
OpenAI Moderation v1 (007)
Violence
0.0210643499
OpenAI Moderation v1 (007)
Violence > Graphic
0.0175602036
OpenAI Moderation v1 (007)
Sexual
0.0161260003
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0043422686
OpenAI Moderation v1 (007)
Hate
0.0042565105
OpenAI Moderation v1 (007)
Sexual > Minors
0.0005778617
OpenAI Moderation v1 (007)
Self-Harm
0.0003808754
OpenAI Moderation v1 (007)
Hate > Threatening
3.2603E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.7795E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.105E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
67.258
Magnitude:
28
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
55.4
Gunning-Fog Score
14.4
Coleman-Liau Index
10.7
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
31

Chris Dodd

We passed this bill out of our committee 14-4 on a strong bipartisan vote. The bill is endorsed by the Securities and Exchange Commission, supported by this administration, the Clinton administration. We will be happy to entertain the amendments as they are offered that come up that were raised in committee. We had hearings on this matter -- not a lengthy markup, but an extensive markup -- with an opportunity to vote a lot of the issues.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.60944
Harvard-IV (Relative)
0.81818
Very Positive
Harvard-IV (Absolute)
0.81818
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.891
Very Positive
Moderation
Harassment
0.5214992911
OpenAI Moderation v1 (007)
Violence
0.1221059239
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0414993207
OpenAI Moderation v1 (007)
Violence > Graphic
0.018245478
OpenAI Moderation v1 (007)
Hate
0.0072630763
OpenAI Moderation v1 (007)
Sexual
0.0007853912
OpenAI Moderation v1 (007)
Self-Harm
0.0005555383
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002258615
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001560813
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.06541E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.33823E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.765
Magnitude:
19
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.1
Flesch-Kincaid Ease
56.2
Gunning-Fog Score
12.9
Coleman-Liau Index
11.3
SMOG Index
12
Automated Readability Index
9.8
Dale-Chall Readability Score
5.3
Sprache Readability Score
4.8
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
22

Chris Dodd

I will pick up on some of the concluding comments and remarks of my two colleagues from Maryland and Nevada with regard to the recklessness standard. We received a letter of endorsement and support from the Securities and Exchange Commission, signed by Chairman Arthur Levitt, Isaac Hunt, and Laura Unger, March 24. This letter, I believe, has been introduced in the Record by Chairman D'Amato, but I am, at this juncture, going to highlight two paragraphs of this letter because they go right to the heart of what was raised a few moments ago when it comes to the recklessness standard. I will address this more directly in my remarks. Let me quote two paragraphs in this letter.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
1.03609
VADER
0.919
Very Positive
Moderation
Harassment
0.0191475847
OpenAI Moderation v1 (007)
Violence > Graphic
0.0186887832
OpenAI Moderation v1 (007)
Sexual
0.0082717095
OpenAI Moderation v1 (007)
Violence
0.0077407269
OpenAI Moderation v1 (007)
Hate
0.0018397674
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007920714
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003025035
OpenAI Moderation v1 (007)
Self-Harm
6.63115E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.57547E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.04422E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.1317E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
56.681
Magnitude:
61
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
29.4
Magnitude:
61
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.2
Flesch-Kincaid Ease
56.7
Gunning-Fog Score
12.5
Coleman-Liau Index
11.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
35
Sprache Difficult Word Count
34

Chris Dodd

Then it goes on to complete the paragraph.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Violence > Graphic
0.021763258
OpenAI Moderation v1 (007)
Harassment
0.0186107194
OpenAI Moderation v1 (007)
Violence
0.0061861967
OpenAI Moderation v1 (007)
Hate
0.0051233852
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0022604087
OpenAI Moderation v1 (007)
Sexual
0.0017733779
OpenAI Moderation v1 (007)
Self-Harm
0.0008609532
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001334299
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.75034E-5
OpenAI Moderation v1 (007)
Hate > Threatening
5.6399E-5
OpenAI Moderation v1 (007)
Sexual > Minors
3.00723E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.012
Magnitude:
57
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
3.8
Flesch-Kincaid Ease
82.4
Gunning-Fog Score
8.2
Coleman-Liau Index
9.2
SMOG Index
9
Automated Readability Index
2.6
Dale-Chall Readability Score
4.3
Sprache Readability Score
1.8
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

Chris Dodd

I don't know if anything can be more clear in this letter. Certainly the intent, stated in committee, stated on the floor previously, stated in this letter, and we stated again here on the floor today as to what the intentions were of those of us who crafted this legislation when it comes to "recklessness." Now I agree. I mentioned earlier, some courts, a few district courts, have read otherwise. That happens. But we will try to make it clear that was aberrational behavior, erroneous behavior, in my view, rather than what we intended.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.633
Very Positive
Moderation
Harassment
0.0684698403
OpenAI Moderation v1 (007)
Sexual
0.0122805548
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0037375743
OpenAI Moderation v1 (007)
Violence
0.002758805
OpenAI Moderation v1 (007)
Hate
0.0022384724
OpenAI Moderation v1 (007)
Violence > Graphic
0.0009704894
OpenAI Moderation v1 (007)
Self-Harm
0.000318222
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002756011
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001903482
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.84725E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.09249E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.445
Magnitude:
81
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.6
Flesch-Kincaid Ease
61.3
Gunning-Fog Score
12.2
Coleman-Liau Index
11
SMOG Index
12
Automated Readability Index
7.8
Dale-Chall Readability Score
4.1
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
23

Chris Dodd

I see my colleague from New York is rising.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Hate
0.0433173933
OpenAI Moderation v1 (007)
Sexual > Minors
0.0355522177
OpenAI Moderation v1 (007)
Harassment
0.0337141391
OpenAI Moderation v1 (007)
Violence
0.0184598422
OpenAI Moderation v1 (007)
Sexual
0.0101258665
OpenAI Moderation v1 (007)
Violence > Graphic
0.006648116
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0009591473
OpenAI Moderation v1 (007)
Self-Harm
0.0005899004
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003840047
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002283716
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002156074
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
32.855
Magnitude:
10
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
2.3
Flesch-Kincaid Ease
94.3
Gunning-Fog Score
3.6
Coleman-Liau Index
6.4
SMOG Index
3.3
Automated Readability Index
0.9
Dale-Chall Readability Score
4
Sprache Readability Score
2
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
3

Al D'Amato

If the Senator will yield for a question, is it not true, if we were to set aside this legislation and not go forward, there might be a question and that, indeed, what both the White House and the SEC are saying, as a result of our coming forward, we may be eliminating that question, that ambiguity, by moving forward in the way that we proposed in this legislation?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.11111
Leans Negative
Harvard-IV (Absolute)
-0.11111
Leans Negative
Harvard-IV (Logit)
-0.20067
VADER
-0.135
Leans Negative
Moderation
Violence
0.2235536231
OpenAI Moderation v1 (007)
Harassment
0.2109573456
OpenAI Moderation v1 (007)
Violence > Graphic
0.0382007944
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0244914874
OpenAI Moderation v1 (007)
Hate
0.0087517772
OpenAI Moderation v1 (007)
Sexual
0.0026571633
OpenAI Moderation v1 (007)
Self-Harm
0.0018508401
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003537
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001701682
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001587512
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.231E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.898
Magnitude:
90
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
15.4
Gunning-Fog Score
19
Coleman-Liau Index
8.9
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
15

Chris Dodd

I think the chairman of committee raises an excellent point, that in fact our legislative history included with S. 1260, the debate we have had, makes it quite clear what the intent of the committee was in 1995, what the intent of the committee in this legislation is today.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
-0.14286
Leans Negative
Harvard-IV (Absolute)
-0.14286
Leans Negative
Harvard-IV (Logit)
-0.25131
VADER
0.762
Very Positive
Moderation
Harassment
0.0607006717
OpenAI Moderation v1 (007)
Violence > Graphic
0.0136585353
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0083895015
OpenAI Moderation v1 (007)
Sexual
0.0073356969
OpenAI Moderation v1 (007)
Violence
0.0056474604
OpenAI Moderation v1 (007)
Hate
0.0018659237
OpenAI Moderation v1 (007)
Self-Harm
0.0004971005
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004340205
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000156723
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.83195E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.12471E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
98.033
Magnitude:
113
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
59.4
Gunning-Fog Score
16.3
Coleman-Liau Index
9.7
SMOG Index
12
Automated Readability Index
11.2
Dale-Chall Readability Score
4.8
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
11
Sprache Difficult Word Count
10

Chris Dodd

In the absence of that, I think you might have courts ruling otherwise, even though we may have not drawn that conclusion in the earlier legislation.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.0784729549
OpenAI Moderation v1 (007)
Violence > Graphic
0.061313872
OpenAI Moderation v1 (007)
Harassment
0.0187798141
OpenAI Moderation v1 (007)
Self-Harm
0.0049043949
OpenAI Moderation v1 (007)
Sexual
0.0039782874
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0036527064
OpenAI Moderation v1 (007)
Hate
0.0013016113
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0004749269
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001159228
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001079909
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.09994E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.514
Magnitude:
62
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.8
Flesch-Kincaid Ease
56.8
Gunning-Fog Score
16.6
Coleman-Liau Index
11.6
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.9
Sprache Readability Score
4.5
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
8

Paul Sarbanes

Will the Senator yield?
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.096928922
OpenAI Moderation v1 (007)
Violence
0.060446735
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0167775084
OpenAI Moderation v1 (007)
Violence > Graphic
0.016618782
OpenAI Moderation v1 (007)
Sexual
0.0063139181
OpenAI Moderation v1 (007)
Hate
0.0061495062
OpenAI Moderation v1 (007)
Self-Harm
0.0052610816
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0007458545
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002814942
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001114053
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.85575E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
91.182
Magnitude:
42
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
3.7
Flesch-Kincaid Ease
75.9
Gunning-Fog Score
1.6
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
2.9
Dale-Chall Readability Score
8.1
Sprache Readability Score
1.3
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

Chris Dodd

I will make my comments, and then I will be glad to yield for a debate, but I want to finish my opening statement.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
0.351
Somewhat Positive
Moderation
Harassment
0.0043497454
OpenAI Moderation v1 (007)
Sexual
0.0013591131
OpenAI Moderation v1 (007)
Sexual > Minors
0.0005208027
OpenAI Moderation v1 (007)
Violence > Graphic
0.0003475291
OpenAI Moderation v1 (007)
Hate
0.0002900989
OpenAI Moderation v1 (007)
Self-Harm
0.0001435432
OpenAI Moderation v1 (007)
Violence
6.43267E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.00528E-5
OpenAI Moderation v1 (007)
Harassment > Threatening
2.92491E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.2874E-6
OpenAI Moderation v1 (007)
Hate > Threatening
1.084E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
8.5
Flesch-Kincaid Ease
76.7
Gunning-Fog Score
11.3
Coleman-Liau Index
5.8
SMOG Index
9
Automated Readability Index
7.8
Dale-Chall Readability Score
4.5
Sprache Readability Score
4
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
5

Paul Sarbanes

Would the Senator have any objection to codifying this standard?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0
Neutral
Moderation
Harassment
0.9247264825
OpenAI Moderation v1 (007)
Violence
0.1116011525
OpenAI Moderation v1 (007)
Violence > Graphic
0.0791651546
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0567975745
OpenAI Moderation v1 (007)
Hate
0.0108858396
OpenAI Moderation v1 (007)
Sexual
0.0032336146
OpenAI Moderation v1 (007)
Self-Harm
0.000350821
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001534386
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.75179E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.93618E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.38131E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
80.107
Magnitude:
56
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.6
Flesch-Kincaid Ease
44.4
Gunning-Fog Score
12
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9
Dale-Chall Readability Score
6.8
Sprache Readability Score
2.2
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
4

Chris Dodd

I will do that in my remarks.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Violence
0.0589944946
OpenAI Moderation v1 (007)
Violence > Graphic
0.0261037465
OpenAI Moderation v1 (007)
Hate
0.0238609486
OpenAI Moderation v1 (007)
Harassment
0.0203799544
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0053435549
OpenAI Moderation v1 (007)
Self-Harm
0.0041300409
OpenAI Moderation v1 (007)
Sexual
0.0010577248
OpenAI Moderation v1 (007)
Hate > Threatening
0.000421948
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004037804
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002326889
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002178292
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
98.008
Magnitude:
69
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0.6
Flesch-Kincaid Ease
100
Gunning-Fog Score
2.8
Coleman-Liau Index
2.7
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
2.6
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
1

Chris Dodd

There is a very difficult problem codifying the standard on recklessness. Congress has wrestled with this over the years. We were not the first committee to try. We thought leaving the standard as it has been in the courts, making sure we are not trying to make any change to that standard here, any way other than what has been an accepted standard, was a better way to proceed, based on the advice we received.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.37949
VADER
0.143
Leans Positive
Moderation
Violence
0.0418625452
OpenAI Moderation v1 (007)
Violence > Graphic
0.0326884532
OpenAI Moderation v1 (007)
Sexual
0.0245296018
OpenAI Moderation v1 (007)
Harassment
0.0225045253
OpenAI Moderation v1 (007)
Self-Harm
0.0154329085
OpenAI Moderation v1 (007)
Hate
0.0081275139
OpenAI Moderation v1 (007)
Sexual > Minors
0.0015641876
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0014743031
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0011842461
OpenAI Moderation v1 (007)
Hate > Threatening
3.1779E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.35256E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
89.597
Magnitude:
59
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.1
Flesch-Kincaid Ease
70.5
Gunning-Fog Score
10.2
Coleman-Liau Index
10.1
SMOG Index
9.7
Automated Readability Index
8.7
Dale-Chall Readability Score
4.5
Sprache Readability Score
4.2
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
16

Chris Dodd

We certainly did not change that standard, as has been the suggestion, either with this act or the act of 1995 despite the fact that some courts may have read it otherwise. I can't preclude a court from misinterpreting the decisions of a Congress.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.34
Somewhat Positive
Moderation
Violence
0.0142526827
OpenAI Moderation v1 (007)
Violence > Graphic
0.0103724458
OpenAI Moderation v1 (007)
Harassment
0.0085762251
OpenAI Moderation v1 (007)
Self-Harm
0.003952991
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0016507855
OpenAI Moderation v1 (007)
Hate
0.0013338392
OpenAI Moderation v1 (007)
Sexual
0.0012511559
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0010363471
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002445485
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.64382E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.4045E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.744
Magnitude:
135
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.1
Flesch-Kincaid Ease
69.1
Gunning-Fog Score
13.3
Coleman-Liau Index
10.3
SMOG Index
12
Automated Readability Index
10.4
Dale-Chall Readability Score
3.6
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
10

Chris Dodd

But the recklessness standard has been a good standard over the years and ought not to be tampered with, in my opinion.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.2
Slightly Negative
Harvard-IV (Absolute)
-0.2
Slightly Negative
Harvard-IV (Logit)
-0.33647
VADER
0.44
Positive
Moderation
Harassment
0.1666691736
OpenAI Moderation v1 (007)
Violence
0.0359293481
OpenAI Moderation v1 (007)
Hate
0.024545606
OpenAI Moderation v1 (007)
Sexual
0.0127492298
OpenAI Moderation v1 (007)
Violence > Graphic
0.0040458268
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0030040206
OpenAI Moderation v1 (007)
Sexual > Minors
0.0018132238
OpenAI Moderation v1 (007)
Self-Harm
0.0016134594
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0008297763
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001724176
OpenAI Moderation v1 (007)
Hate > Threatening
3.38742E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
60.017
Magnitude:
104
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Government Operations
Score:
32.543
Magnitude:
104
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.1
Flesch-Kincaid Ease
69.1
Gunning-Fog Score
12.4
Coleman-Liau Index
9.9
SMOG Index
11.3
Automated Readability Index
10.1
Dale-Chall Readability Score
4.7
Sprache Readability Score
3.7
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
5

Richard Bryan

Will the Senator yield? I don't want to interrupt his presentation. I am always happy to wait, but we are talking of the reckless standard.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.259
Slightly Negative
Moderation
Violence
0.1145792659
OpenAI Moderation v1 (007)
Sexual
0.0108319226
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0100280362
OpenAI Moderation v1 (007)
Violence > Graphic
0.0049046896
OpenAI Moderation v1 (007)
Harassment
0.0040609717
OpenAI Moderation v1 (007)
Sexual > Minors
0.0018629649
OpenAI Moderation v1 (007)
Self-Harm
0.0011137008
OpenAI Moderation v1 (007)
Hate
0.0004559021
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002437436
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001959599
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.77E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
5.1
Flesch-Kincaid Ease
73.2
Gunning-Fog Score
6.5
Coleman-Liau Index
10.1
SMOG Index
9
Automated Readability Index
3.5
Dale-Chall Readability Score
4.8
Sprache Readability Score
2.2
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
7

Richard Bryan

If I might inquire of the Senator, the SEC, as I understand it, has sent over a definition of "reckless." If that could be included in the findings of fact as opposed to the report language, I think it would strengthen what we all seek to do, and that is to retain the reckless standard, which I know is the objective of the Senator from Connecticut.
Sentiment
Loughran McDonald (Relative)
-0.6
Very Negative
Loughran McDonald (Absolute)
-0.6
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.25
Slightly Positive
Harvard-IV (Absolute)
0.25
Slightly Positive
Harvard-IV (Logit)
0.45199
VADER
-0.477
Negative
Moderation
Harassment
0.1510144444
OpenAI Moderation v1 (007)
Violence
0.1408289536
OpenAI Moderation v1 (007)
Violence > Graphic
0.015629828
OpenAI Moderation v1 (007)
Sexual
0.0117925047
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0103390186
OpenAI Moderation v1 (007)
Sexual > Minors
0.0021998674
OpenAI Moderation v1 (007)
Hate
0.0020354195
OpenAI Moderation v1 (007)
Hate > Threatening
3.43442E-5
OpenAI Moderation v1 (007)
Self-Harm
1.73951E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.35097E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.0795E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
52.8
Gunning-Fog Score
16.2
Coleman-Liau Index
8.7
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
17

Richard Bryan

As the Senator knows far better than I, report language is fairly thin gruel compared to the findings of fact which are included or other issues which the sponsors of the legislation -- I wonder if the Senator would consider including that definition.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.3979
VADER
0.44
Positive
Moderation
Violence > Graphic
0.0471894251
OpenAI Moderation v1 (007)
Violence
0.0164141937
OpenAI Moderation v1 (007)
Sexual
0.007225282
OpenAI Moderation v1 (007)
Harassment
0.0021731959
OpenAI Moderation v1 (007)
Self-Harm
0.0014799207
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006763959
OpenAI Moderation v1 (007)
Hate
0.0001343112
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.99256E-5
OpenAI Moderation v1 (007)
Harassment > Threatening
8.32623E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.25385E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.15709E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
93.435
Magnitude:
43
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
27.2
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
14

Chris Dodd

The problem has been, as you start trying to codify, we -- I will take a look at what the Senator has. I haven't seen it.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.60944
VADER
-0.402
Negative
Moderation
Violence
0.0245024421
OpenAI Moderation v1 (007)
Harassment
0.0101947036
OpenAI Moderation v1 (007)
Violence > Graphic
0.0098165372
OpenAI Moderation v1 (007)
Sexual
0.0027723479
OpenAI Moderation v1 (007)
Hate
0.0010628219
OpenAI Moderation v1 (007)
Self-Harm
0.0007977296
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0006647242
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003079364
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.11131E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.75066E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.43049E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
68.563
Magnitude:
20
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
21.195
Magnitude:
20
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
3.9
Flesch-Kincaid Ease
89.2
Gunning-Fog Score
6.6
Coleman-Liau Index
5.1
SMOG Index
9
Automated Readability Index
1.6
Dale-Chall Readability Score
3.1
Sprache Readability Score
2.5
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
4

Chris Dodd

The suggestion has been made -- what I was trying to respond to, prior to rising here, was that the suggestion was made that somehow this piece of legislation and '95 Act had undone the standard of recklessness that had been used.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.58779
VADER
0
Neutral
Moderation
Harassment
0.2904694527
OpenAI Moderation v1 (007)
Violence
0.2732635941
OpenAI Moderation v1 (007)
Violence > Graphic
0.1774007105
OpenAI Moderation v1 (007)
Hate
0.0171110325
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0106697429
OpenAI Moderation v1 (007)
Self-Harm
0.0048059544
OpenAI Moderation v1 (007)
Sexual
0.0024040215
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0005137191
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001098359
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.70788E-5
OpenAI Moderation v1 (007)
Sexual > Minors
9.54121E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
73.846
Magnitude:
150
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
47.6
Gunning-Fog Score
19
Coleman-Liau Index
10.2
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
11

Chris Dodd

We made it quite clear -- at least I thought we did -- in 1995 that we were not altering the standard. Certainly the SEC believes that was what we intend. This legislative history and this debate on today's bill makes it clear it was not the intent. What I objected to was the suggestion that somehow we had changed the scienter standard. We had not done that. And the letter from the three members of the Securities and Exchange Commission, I think, reinforces the point -- not whether or not you add something in the statement of facts or whether or not you have it in the legislative history where I believe it is most appropriate -- about addressing the underlying concern and issue. And that is whether or not this legislation in any way, or the 1995 Reform Act in any way, tried to fool around with the standard of recklessness. We didn't then, and we aren't now.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
0.26316
Slightly Positive
Harvard-IV (Absolute)
0.26316
Slightly Positive
Harvard-IV (Logit)
0.51083
VADER
0.732
Very Positive
Moderation
Harassment
0.0519491034
OpenAI Moderation v1 (007)
Violence > Graphic
0.0070086848
OpenAI Moderation v1 (007)
Violence
0.0049495895
OpenAI Moderation v1 (007)
Hate
0.0015073473
OpenAI Moderation v1 (007)
Harassment > Threatening
0.001022743
OpenAI Moderation v1 (007)
Sexual
0.0005749725
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004296092
OpenAI Moderation v1 (007)
Hate > Threatening
0.000156447
OpenAI Moderation v1 (007)
Self-Harm
0.0001174574
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.28684E-5
OpenAI Moderation v1 (007)
Sexual > Minors
6.22774E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
91.776
Magnitude:
61
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.8
Flesch-Kincaid Ease
66.7
Gunning-Fog Score
11.9
Coleman-Liau Index
9.8
SMOG Index
11.8
Automated Readability Index
8.8
Dale-Chall Readability Score
3.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
29
Sprache Difficult Word Count
35

Chris Dodd

So what I am saying here today, what the chairman of the committee has said, and others, this is raising a red herring. It doesn't exist. It is difficult enough to debate where there is a legitimate disagreement, and there will be amendments offered where clearly there are provisions in the bill which my colleagues, including my distinguished friend from Nevada, disagree with. It is a fundamental difference here. Recklessness, as a matter of this legislation, is not a problem. It is trying to raise an issue that really does not exist. That is the reason I felt I should address that issue prior to making my general comments and statements about what I think is a valuable piece of legislation.
Sentiment
Loughran McDonald (Relative)
-0.66667
Very Negative
Loughran McDonald (Absolute)
-0.66667
Very Negative
Loughran McDonald (Logit)
-1.29928
Harvard-IV (Relative)
-0.1
Leans Negative
Harvard-IV (Absolute)
-0.1
Leans Negative
Harvard-IV (Logit)
-0.19106
VADER
0.459
Positive
Moderation
Harassment
0.151599932
OpenAI Moderation v1 (007)
Violence
0.1507363864
OpenAI Moderation v1 (007)
Violence > Graphic
0.0478224101
OpenAI Moderation v1 (007)
Hate
0.0106937718
OpenAI Moderation v1 (007)
Sexual
0.0066960703
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0015007493
OpenAI Moderation v1 (007)
Self-Harm
0.0008542972
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003355034
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003120417
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002001075
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001375462
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
60.299
Magnitude:
88
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.6
Flesch-Kincaid Ease
57.1
Gunning-Fog Score
12.9
Coleman-Liau Index
11.6
SMOG Index
12
Automated Readability Index
9.2
Dale-Chall Readability Score
5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
32
Sprache Difficult Word Count
36

Chris Dodd

Now, Madam President, let me, if I may, proceed here. It has been said, in the sense that we get the pendulum swings and the proposals are offered, in a sense, this is a very narrow bill. It is not designed to be all-encompassing and all-sweeping, yet it is being received by certain quarters as if it were a wide, sweeping piece of legislation. It is dealing with an underlying problem that still exists. The facts bear out the necessity of us trying to move with nationally traded securities on the national exchanges to see to it that we can set some standards here so we don't continue to end up with a proliferation of lawsuits chasing forums all over this country to satisfy a trial bar at the expense of jobs, investors in these companies out there. That is what has been happening. That is what we try to address with this bill.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.459
Positive
Moderation
Violence
0.4009908531
OpenAI Moderation v1 (007)
Harassment
0.3933463711
OpenAI Moderation v1 (007)
Violence > Graphic
0.1053455402
OpenAI Moderation v1 (007)
Hate
0.0246773649
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0212378873
OpenAI Moderation v1 (007)
Self-Harm
0.0041069667
OpenAI Moderation v1 (007)
Sexual
0.0021447997
OpenAI Moderation v1 (007)
Sexual > Minors
0.0005836416
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003671688
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002698213
OpenAI Moderation v1 (007)
Hate > Threatening
0.000201501
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.13
Magnitude:
55
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10
Flesch-Kincaid Ease
62.7
Gunning-Fog Score
13.3
Coleman-Liau Index
9.2
SMOG Index
12
Automated Readability Index
9.7
Dale-Chall Readability Score
4.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
35
Sprache Difficult Word Count
39

Chris Dodd

At the beginning of the debate today on S. 1260, the securities litigation reform standards, marks, in a sense, an anniversary, Madam President. It was almost 3 years ago that we took the floor of this body, many of my colleagues, in support of the Private Securities Litigation Reform Act of 1995. That bill, overwhelmingly enacted into law by Congress, was designed to curb abuses in the field of private securities class action lawsuits.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.4
Somewhat Positive
Harvard-IV (Absolute)
0.4
Somewhat Positive
Harvard-IV (Logit)
0.76214
VADER
0
Neutral
Moderation
Violence
0.3524888773
OpenAI Moderation v1 (007)
Violence > Graphic
0.291831838
OpenAI Moderation v1 (007)
Harassment
0.0912918593
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0333769392
OpenAI Moderation v1 (007)
Sexual
0.0129040462
OpenAI Moderation v1 (007)
Self-Harm
0.0086139444
OpenAI Moderation v1 (007)
Hate
0.0048697257
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0018175018
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007673434
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002058777
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001429897
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
90.189
Magnitude:
71
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
48.6
Gunning-Fog Score
12.3
Coleman-Liau Index
11.6
SMOG Index
12
Automated Readability Index
9.8
Dale-Chall Readability Score
6.3
Sprache Readability Score
4.9
Dale-Chall Difficult Word Score
25
Sprache Difficult Word Count
25

Chris Dodd

Let me pause, if I can, to note just how important the private litigation system has been in maintaining integrity of our capital markets. It is highly questionable whether our markets would be as deep, as liquid, as strong, or as transparent were it not for our system of maintaining private rights of action against those who commit fraud. America's markets are the envy of the world because of the tremendous confidence that American and foreign investors have in the regulatory system that supports those markets.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.37949
VADER
0.7
Very Positive
Moderation
Violence
0.193578063
OpenAI Moderation v1 (007)
Violence > Graphic
0.0716566923
OpenAI Moderation v1 (007)
Harassment
0.0410463894
OpenAI Moderation v1 (007)
Hate
0.0180507035
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0153989968
OpenAI Moderation v1 (007)
Self-Harm
0.0058385285
OpenAI Moderation v1 (007)
Sexual
0.0030661235
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0011411305
OpenAI Moderation v1 (007)
Sexual > Minors
0.000664555
OpenAI Moderation v1 (007)
Hate > Threatening
0.0006268775
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001502256
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
57.25
Magnitude:
102
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
32.655
Magnitude:
102
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
39
Gunning-Fog Score
17.5
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
27
Sprache Difficult Word Count
24

Chris Dodd

But it is precisely because of the vital importance of the private litigation system that the depths to which it had sunk by 1995 had become so damaging. The system was no longer an avenue for aggrieved investors to seek justice and restitution, but it had become, instead, a pathway for a few enterprising attorneys to manipulate its procedures for their own considerable profit, to the detriment of legitimate companies and investors all across our Nation.
Sentiment
Loughran McDonald (Relative)
-0.6
Very Negative
Loughran McDonald (Absolute)
-0.6
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.36772
VADER
0.897
Very Positive
Moderation
Violence
0.0738291303
OpenAI Moderation v1 (007)
Violence > Graphic
0.0391730253
OpenAI Moderation v1 (007)
Harassment
0.0254881947
OpenAI Moderation v1 (007)
Hate
0.0077564429
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0048682818
OpenAI Moderation v1 (007)
Self-Harm
0.0036514244
OpenAI Moderation v1 (007)
Sexual
0.0012177638
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001755866
OpenAI Moderation v1 (007)
Hate > Threatening
9.81973E-5
OpenAI Moderation v1 (007)
Sexual > Minors
6.55327E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.60526E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.576
Magnitude:
63
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
24.7
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
26
Sprache Difficult Word Count
27

Chris Dodd

If we needed a reminder about how abusive that system had become, we received yet another example of it last week, with the conclusion of one of the last lawsuits filed under that old system. This litigation against a Massachusetts biotech company called Biogen, lasted more than 3 years, cost that company, in direct litigation expenses alone, more than $3 million.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
-0.14286
Leans Negative
Harvard-IV (Absolute)
-0.14286
Leans Negative
Harvard-IV (Logit)
-0.25131
VADER
-0.856
Very Negative
Moderation
Violence > Graphic
0.1146423281
OpenAI Moderation v1 (007)
Violence
0.0975284551
OpenAI Moderation v1 (007)
Harassment
0.0220765636
OpenAI Moderation v1 (007)
Sexual
0.0061304294
OpenAI Moderation v1 (007)
Hate
0.0059815724
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0039444803
OpenAI Moderation v1 (007)
Hate > Threatening
0.0019080562
OpenAI Moderation v1 (007)
Self-Harm
0.001269985
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004278967
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000288839
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.6278E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
96.117
Magnitude:
63
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
34.4
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
19

Chris Dodd

But even more than the direct costs, the lawsuit enacted an untold loss on the company because of the time and resources devoted by its top management and their scientists to defending themselves.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.42857
Positive
Harvard-IV (Absolute)
0.42857
Positive
Harvard-IV (Logit)
0.78846
VADER
0.077
Neutral
Moderation
Violence
0.1050884835
OpenAI Moderation v1 (007)
Violence > Graphic
0.0416832336
OpenAI Moderation v1 (007)
Harassment
0.0180684059
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0118470896
OpenAI Moderation v1 (007)
Sexual
0.0026316098
OpenAI Moderation v1 (007)
Hate
0.0008464656
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002452545
OpenAI Moderation v1 (007)
Self-Harm
0.0001483294
OpenAI Moderation v1 (007)
Sexual > Minors
4.95912E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.26858E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.03234E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
70.903
Magnitude:
43
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
20.607
Magnitude:
43
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
40
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
12

Chris Dodd

The conclusion to this litigation on May 6 came in swift contrast to the lengthy and expensive lawsuit itself, as reported by Reuters:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.026
Neutral
Moderation
Sexual
0.0107384578
OpenAI Moderation v1 (007)
Violence > Graphic
0.0051164032
OpenAI Moderation v1 (007)
Violence
0.0014223069
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001967813
OpenAI Moderation v1 (007)
Self-Harm
0.000194534
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.4878E-5
OpenAI Moderation v1 (007)
Harassment
6.92339E-5
OpenAI Moderation v1 (007)
Harassment > Threatening
1.89909E-5
OpenAI Moderation v1 (007)
Hate
1.63335E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.21188E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.7716E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
11.8
Flesch-Kincaid Ease
51.1
Gunning-Fog Score
16.2
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.6
Sprache Readability Score
4.3
Dale-Chall Difficult Word Score
8
Sprache Difficult Word Count
10

Chris Dodd

So this week's debate marks not only the opening of Congress' effort to establish strong national standards of liability for nationally- traded securities, but also allows us to mark the close of an era in securities litigation that perversely offered more comfort to those filing abusive and frivolous lawsuits than it offered to redress to those who had been legitimately defrauded.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.64663
VADER
-0.751
Very Negative
Moderation
Violence
0.3640698735
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0601409061
OpenAI Moderation v1 (007)
Violence > Graphic
0.0574913807
OpenAI Moderation v1 (007)
Harassment
0.0514096173
OpenAI Moderation v1 (007)
Hate
0.0193010259
OpenAI Moderation v1 (007)
Self-Harm
0.0049415386
OpenAI Moderation v1 (007)
Hate > Threatening
0.0045590758
OpenAI Moderation v1 (007)
Sexual
0.0037612943
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.00077409
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003798734
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003393404
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.738
Magnitude:
105
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
9.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
26
Sprache Difficult Word Count
25

Chris Dodd

But the very success of the 1995 reform act in shutting down avenues of abuse on the Federal level has created a new home for such kinds of litigation in State courts.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.09861
VADER
-0.009
Neutral
Moderation
Violence
0.2094233176
OpenAI Moderation v1 (007)
Violence > Graphic
0.0570046424
OpenAI Moderation v1 (007)
Harassment
0.0205921577
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0143945756
OpenAI Moderation v1 (007)
Hate
0.0058575504
OpenAI Moderation v1 (007)
Self-Harm
0.0051876763
OpenAI Moderation v1 (007)
Sexual
0.0029681036
OpenAI Moderation v1 (007)
Hate > Threatening
0.0008579525
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000164167
OpenAI Moderation v1 (007)
Sexual > Minors
7.95354E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.85178E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.855
Magnitude:
69
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
55.4
Gunning-Fog Score
15.3
Coleman-Liau Index
8.3
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
11

Chris Dodd

Throughout 1996, the first year of the reform act, reports were coming to Congress that there was a dramatic increase in the number of cases filed in State courts. Prior to enactment of the '95 reform act, it was extremely unusual, extremely unusual, for a securities fraud class action case to be brought in a State court anywhere in this country.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.51083
VADER
0.075
Neutral
Moderation
Violence
0.0593587349
OpenAI Moderation v1 (007)
Harassment
0.0285812072
OpenAI Moderation v1 (007)
Violence > Graphic
0.0184421078
OpenAI Moderation v1 (007)
Hate
0.01052882
OpenAI Moderation v1 (007)
Sexual
0.0026395799
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0024062556
OpenAI Moderation v1 (007)
Self-Harm
0.001292564
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003732269
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002728265
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.25081E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.37426E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.693
Magnitude:
152
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
51.1
Gunning-Fog Score
17.4
Coleman-Liau Index
10.6
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
19

Chris Dodd

But by the end of 1996, it had become clear from both the number of cases filed in State court, and the nature of those claims, that a significant shift was underfoot, as some attorneys sought to evade the provisions of the reform act that made it more difficult to coerce a settlement, which was what was going on.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
0.14286
Leans Positive
Harvard-IV (Absolute)
0.14286
Leans Positive
Harvard-IV (Logit)
0.25131
VADER
0.235
Slightly Positive
Moderation
Violence
0.172542315
OpenAI Moderation v1 (007)
Hate
0.1216951758
OpenAI Moderation v1 (007)
Violence > Graphic
0.0634277472
OpenAI Moderation v1 (007)
Harassment
0.0584208756
OpenAI Moderation v1 (007)
Self-Harm
0.0197446163
OpenAI Moderation v1 (007)
Sexual
0.0108168722
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0023837152
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0010842916
OpenAI Moderation v1 (007)
Hate > Threatening
0.0006561272
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003816614
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002429874
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.192
Magnitude:
157
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
36.5
Gunning-Fog Score
19
Coleman-Liau Index
8.9
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
18

Chris Dodd

John Olson, the noted securities law expert, testified in February before the subcommittee on securities that:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.527
Very Positive
Moderation
Hate
0.0195439396
OpenAI Moderation v1 (007)
Violence
0.0175562003
OpenAI Moderation v1 (007)
Violence > Graphic
0.0053958731
OpenAI Moderation v1 (007)
Harassment
0.0042659551
OpenAI Moderation v1 (007)
Sexual
0.0039714832
OpenAI Moderation v1 (007)
Self-Harm
0.0012002595
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003605038
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003334218
OpenAI Moderation v1 (007)
Hate > Threatening
9.6606E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.67363E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.16288E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.344
Magnitude:
265
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
10.8
Gunning-Fog Score
16.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
9.7
Sprache Readability Score
3.3
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
9

Chris Dodd

In April, 1997, the Securities and Exchange Commission staff reported to the Congress, and the President found that:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.296
Slightly Positive
Moderation
Harassment
0.0080791629
OpenAI Moderation v1 (007)
Hate
0.0065374115
OpenAI Moderation v1 (007)
Violence > Graphic
0.0006436392
OpenAI Moderation v1 (007)
Self-Harm
0.0005382815
OpenAI Moderation v1 (007)
Sexual
0.0003823143
OpenAI Moderation v1 (007)
Violence
0.0003528716
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001536653
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.05172E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.92382E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.80982E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.30817E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
10.4
Flesch-Kincaid Ease
52.3
Gunning-Fog Score
9.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.4
Dale-Chall Readability Score
7
Sprache Readability Score
3.5
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
8

Chris Dodd

Even though the number of State class actions filed in 1997 was down from the high of 1996, it was still 50 percent higher than the average number filed in the 5 years prior to the reform act, and it represented a significant jump in the number of parallel cases filed.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.402
Positive
Moderation
Sexual
0.0344686385
OpenAI Moderation v1 (007)
Violence
0.0046554596
OpenAI Moderation v1 (007)
Violence > Graphic
0.002330357
OpenAI Moderation v1 (007)
Sexual > Minors
0.0015688845
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0015444128
OpenAI Moderation v1 (007)
Harassment
0.001381775
OpenAI Moderation v1 (007)
Hate
0.0001115828
OpenAI Moderation v1 (007)
Self-Harm
6.75287E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.80073E-5
OpenAI Moderation v1 (007)
Hate > Threatening
9.8835E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.2035E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
50.832
Magnitude:
75
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
40.018
Magnitude:
75
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
42.3
Gunning-Fog Score
19
Coleman-Liau Index
7.9
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
12

Chris Dodd

So there was a significant increase. It did drop in 1997. But if you are going to use the bar of when the reform act was passed, it was still substantially higher. It was a rare occasion indeed when people ran to State courts. We didn't think we would need this bill. We honestly thought that dealing with this problem at the Federal level would work. That is where the cases were brought. Why are we here today? We are here because these enterprising attorneys, as the chairman of the committee pointed out -- many without clients, by the way -- discovered that if they ran into a State court here, they could avoid the legislation that we adopted and passed so overwhelmingly here in 1995. But there are other reasons as well. It isn't just an increase in the caseload. That would not, in my view, necessarily warrant moving today. There are other issues.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.797
Very Positive
Moderation
Sexual
0.0114655108
OpenAI Moderation v1 (007)
Self-Harm
0.0034949517
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0029018916
OpenAI Moderation v1 (007)
Violence
0.000570732
OpenAI Moderation v1 (007)
Harassment
0.0005167444
OpenAI Moderation v1 (007)
Violence > Graphic
0.0003250729
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0002232244
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001267667
OpenAI Moderation v1 (007)
Hate
9.54778E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.89299E-5
OpenAI Moderation v1 (007)
Hate > Threatening
6.6332E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
5.5
Flesch-Kincaid Ease
76.6
Gunning-Fog Score
8.1
Coleman-Liau Index
10
SMOG Index
9.2
Automated Readability Index
5.1
Dale-Chall Readability Score
3.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
29
Sprache Difficult Word Count
36

Chris Dodd

This change in the number and nature of the cases filed has had two measurable, negative impacts that I think our colleagues ought to take very good note of.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
-0.061
Neutral
Moderation
Violence
0.0529172772
OpenAI Moderation v1 (007)
Hate
0.0186036224
OpenAI Moderation v1 (007)
Harassment
0.0128596177
OpenAI Moderation v1 (007)
Violence > Graphic
0.0081479688
OpenAI Moderation v1 (007)
Self-Harm
0.0015838212
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007460486
OpenAI Moderation v1 (007)
Sexual
0.0005340809
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003566228
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002242037
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001803963
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001003123
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.627
Magnitude:
152
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
57.8
Gunning-Fog Score
15.7
Coleman-Liau Index
10
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.7
Sprache Readability Score
4.7
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
7

Chris Dodd

First, for those companies hit with potentially frivolous or abusive State court class actions, all of the cost and expense that the '95 reform act sought to prevent are once again incurred. So, in effect, we did nothing. Today, all of that cost and discovery, and so forth, before a motion to dismiss could be filed -- today you have to go do it all over again. It is as if the `95 act were never passed. That is what happened here.
Sentiment
Loughran McDonald (Relative)
-0.6
Very Negative
Loughran McDonald (Absolute)
-0.6
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-0.27273
Slightly Negative
Harvard-IV (Absolute)
-0.27273
Slightly Negative
Harvard-IV (Logit)
-0.51083
VADER
-0.625
Very Negative
Moderation
Violence
0.0526632124
OpenAI Moderation v1 (007)
Violence > Graphic
0.0390768691
OpenAI Moderation v1 (007)
Harassment
0.0131783992
OpenAI Moderation v1 (007)
Hate
0.0078495279
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0060584982
OpenAI Moderation v1 (007)
Self-Harm
0.0044349279
OpenAI Moderation v1 (007)
Sexual > Minors
0.0027717371
OpenAI Moderation v1 (007)
Sexual
0.0026020036
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0014520611
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0007317465
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001388421
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.157
Magnitude:
146
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.8
Flesch-Kincaid Ease
75.5
Gunning-Fog Score
9.9
Coleman-Liau Index
8.3
SMOG Index
10
Automated Readability Index
6
Dale-Chall Readability Score
4.1
Sprache Readability Score
4.3
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
20

Chris Dodd

Some might question whether a State class action can carry with it the same type of incentives to settle even frivolous lawsuits that existed on the Federal level prior to 1995.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.60944
VADER
0.178
Leans Positive
Moderation
Violence
0.0220153132
OpenAI Moderation v1 (007)
Self-Harm
0.0182259013
OpenAI Moderation v1 (007)
Violence > Graphic
0.0145331258
OpenAI Moderation v1 (007)
Harassment
0.013104167
OpenAI Moderation v1 (007)
Hate
0.012246058
OpenAI Moderation v1 (007)
Sexual
0.0084010695
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0059992242
OpenAI Moderation v1 (007)
Sexual > Minors
0.003568918
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0031035252
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0006830076
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004292177
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.038
Magnitude:
180
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
47.1
Gunning-Fog Score
16.3
Coleman-Liau Index
11.2
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
14

Chris Dodd

Allow me to provide one example of how this is so. Adobe Systems, Inc. wrote to the Banking Committee on April 23, 1998, this year, about its experience with State class action lawsuits.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.077
Neutral
Moderation
Harassment
0.0320845022
OpenAI Moderation v1 (007)
Violence
0.0233624494
OpenAI Moderation v1 (007)
Violence > Graphic
0.0148687264
OpenAI Moderation v1 (007)
Hate
0.0025313162
OpenAI Moderation v1 (007)
Sexual
0.0023582375
OpenAI Moderation v1 (007)
Sexual > Minors
0.0013190002
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0011872043
OpenAI Moderation v1 (007)
Self-Harm
0.0004259673
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.4919E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.73551E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.7095E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
90.724
Magnitude:
58
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
5.5
Flesch-Kincaid Ease
75.2
Gunning-Fog Score
8
Coleman-Liau Index
9.3
SMOG Index
9.9
Automated Readability Index
4.2
Dale-Chall Readability Score
6.3
Sprache Readability Score
3.2
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
15

Chris Dodd

One of the key components of the 1995 reform act was to allow judges to rule on a motion to dismiss prior to the commencement of the discovery process. This is not precedent-setting procedure. That is normally, in many cases, how you deal with it, a motion to dismiss coming up early. Under the old system, Adobe had won a motion for summary dismissal, but only after months of discovery by the plaintiffs that cost the company more than $2 million in legal expenses and untold time and energy by officials to produce the tens of thousands of documents and numerous depositions.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
0.07692
Neutral
Harvard-IV (Absolute)
0.07692
Neutral
Harvard-IV (Logit)
0.1431
VADER
0.735
Very Positive
Moderation
Violence
0.0362752733
OpenAI Moderation v1 (007)
Self-Harm
0.0361550541
OpenAI Moderation v1 (007)
Violence > Graphic
0.0267200376
OpenAI Moderation v1 (007)
Harassment
0.008438759
OpenAI Moderation v1 (007)
Sexual
0.008184382
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0055342491
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0051663937
OpenAI Moderation v1 (007)
Sexual > Minors
0.0013991389
OpenAI Moderation v1 (007)
Hate
0.0004994999
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002239291
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001241961
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.416
Magnitude:
177
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
46
Gunning-Fog Score
16.9
Coleman-Liau Index
10.6
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
29
Sprache Difficult Word Count
34

Chris Dodd

With the 1995 act in place, those kinds of expenses are far less likely to occur at the Federal level.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.51083
VADER
0
Neutral
Moderation
Violence
0.0212488245
OpenAI Moderation v1 (007)
Harassment
0.0048901835
OpenAI Moderation v1 (007)
Violence > Graphic
0.0025264446
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0023750383
OpenAI Moderation v1 (007)
Sexual
0.0019630572
OpenAI Moderation v1 (007)
Self-Harm
0.000524965
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001256248
OpenAI Moderation v1 (007)
Hate
7.06023E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.71627E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.59846E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.386E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
84.865
Magnitude:
54
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.6
Flesch-Kincaid Ease
76.6
Gunning-Fog Score
10
Coleman-Liau Index
6.9
SMOG Index
11.3
Automated Readability Index
6.7
Dale-Chall Readability Score
4.2
Sprache Readability Score
3.6
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
6

Chris Dodd

But in an ongoing securities class action suit filed in California state court since 1995, Adobe has had to spend more than $1 million in legal expenses and has had to produce more than 44,000 pages of documents, all before the state judge is even able to entertain a motion for summary dismissal.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.58779
VADER
0.612
Very Positive
Moderation
Violence > Graphic
0.0158719733
OpenAI Moderation v1 (007)
Sexual
0.0070280672
OpenAI Moderation v1 (007)
Violence
0.0064327331
OpenAI Moderation v1 (007)
Harassment
0.0002661243
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002425048
OpenAI Moderation v1 (007)
Self-Harm
0.0001983201
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001070637
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001065645
OpenAI Moderation v1 (007)
Hate
2.48274E-5
OpenAI Moderation v1 (007)
Hate > Threatening
6.3598E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.8577E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
54.931
Magnitude:
125
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
27.738
Magnitude:
125
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
26.7
Gunning-Fog Score
19
Coleman-Liau Index
9.3
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
20

Chris Dodd

In fact, in an April 23rd, letter to Chairman D'Amato, Colleen Pouliot, Adobe's General Counsel, noted that:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0
Neutral
Moderation
Harassment
2.5724038482
OpenAI Moderation v1 (007)
Hate
0.0437644048
OpenAI Moderation v1 (007)
Violence
0.0292000215
OpenAI Moderation v1 (007)
Sexual
0.0049867002
OpenAI Moderation v1 (007)
Violence > Graphic
0.0038075901
OpenAI Moderation v1 (007)
Harassment > Threatening
0.002700492
OpenAI Moderation v1 (007)
Self-Harm
0.0009888323
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001029151
OpenAI Moderation v1 (007)
Sexual > Minors
8.96039E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.68456E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.00048E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.258
Magnitude:
79
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
35.3
Gunning-Fog Score
6.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.8
Dale-Chall Readability Score
9.2
Sprache Readability Score
3.5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
10

Chris Dodd

This one example makes clear that while Adobe, which has the resources for a costly and lengthy legal battle, might fight a meritless suit, these costs provide a powerful incentive for most companies without that kind of wherewithal to settle these suits rather than incur such expenses.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.28571
Slightly Positive
Harvard-IV (Absolute)
0.28571
Slightly Positive
Harvard-IV (Logit)
0.54654
VADER
0.422
Positive
Moderation
Harassment
11.3200716674
OpenAI Moderation v1 (007)
Violence
0.1580249984
OpenAI Moderation v1 (007)
Violence > Graphic
0.0870079733
OpenAI Moderation v1 (007)
Hate
0.04914733
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0243245595
OpenAI Moderation v1 (007)
Sexual
0.0087940323
OpenAI Moderation v1 (007)
Self-Harm
0.0077493241
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.000255248
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002248418
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001964252
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001868484
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.768
Magnitude:
31
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
24.1
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
18

Chris Dodd

The second clear impact of the migration of class action suits to state court is that it has caused companies to continue to avoid using the safe harbor for forward looking statements that was a critical component of the `95 reform act.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.55556
Very Positive
Harvard-IV (Absolute)
0.55556
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.25
Slightly Positive
Moderation
Violence > Graphic
0.4356692545
OpenAI Moderation v1 (007)
Violence
0.2036338672
OpenAI Moderation v1 (007)
Harassment
0.0547309406
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0183834331
OpenAI Moderation v1 (007)
Sexual
0.0059073813
OpenAI Moderation v1 (007)
Hate
0.0055197281
OpenAI Moderation v1 (007)
Self-Harm
0.0015671814
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007721061
OpenAI Moderation v1 (007)
Hate > Threatening
0.0006276642
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004614623
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002535801
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.545
Magnitude:
54
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
39.3
Gunning-Fog Score
19
Coleman-Liau Index
11
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
17

Chris Dodd

In this increasingly competitive market, investors are demanding more and more information from company officials about where it thinks that the company is going, and what is likely to happen.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.09861
VADER
-0.226
Slightly Negative
Moderation
Violence > Graphic
0.0553789898
OpenAI Moderation v1 (007)
Violence
0.0369718589
OpenAI Moderation v1 (007)
Harassment
0.008531061
OpenAI Moderation v1 (007)
Sexual
0.008314279
OpenAI Moderation v1 (007)
Self-Harm
0.0041118416
OpenAI Moderation v1 (007)
Hate
0.0021128717
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007595705
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0004051845
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.86429E-5
OpenAI Moderation v1 (007)
Hate > Threatening
5.29785E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.30326E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.915
Magnitude:
63
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
26.9
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.6
Sprache Readability Score
4.9
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
8

Chris Dodd

In fact, today we have more investors in our markets than ever before. People want more information. The safe harbor provisions which we crafted were designed to encourage companies to step forward and to tell us where they were going. Clearly, there can be some who decide it would be deceitful. In no way do we try to protect anybody who is lying or cheating in the process. We are trying to encourage companies to tell us more about where they are going so those investors can make good decisions. But what has happened as a result of this rush to State courts is that the very companies that said they need the safe harbor provisions are not writing the safe harbor provisions because they know they don't have the same protection in State court, which is where these cases are running.
Sentiment
Loughran McDonald (Relative)
0.2
Leans Positive
Loughran McDonald (Absolute)
0.2
Leans Positive
Loughran McDonald (Logit)
0.33647
Harvard-IV (Relative)
0.4
Somewhat Positive
Harvard-IV (Absolute)
0.4
Somewhat Positive
Harvard-IV (Logit)
0.80235
VADER
0.819
Very Positive
Moderation
Violence > Graphic
0.125069893
OpenAI Moderation v1 (007)
Harassment
0.0655049225
OpenAI Moderation v1 (007)
Violence
0.0225028285
OpenAI Moderation v1 (007)
Hate
0.0173100721
OpenAI Moderation v1 (007)
Sexual
0.0118663207
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0044910601
OpenAI Moderation v1 (007)
Sexual > Minors
0.0011949498
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003487835
OpenAI Moderation v1 (007)
Self-Harm
7.10549E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.83612E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.1088E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
8.8
Flesch-Kincaid Ease
68.3
Gunning-Fog Score
12.3
Coleman-Liau Index
10.6
SMOG Index
11.6
Automated Readability Index
9.9
Dale-Chall Readability Score
3.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
24

Chris Dodd

So after all the encouragement of the 1995 act to have the safe harbor, companies haven't been putting it in. So investors out there trying to make decisions of where to put their hard-earned dollars don't have the benefit of that safe harbor language, which may give them a better idea in which companies to make those investments.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.94591
Harvard-IV (Relative)
0.81818
Very Positive
Harvard-IV (Absolute)
0.81818
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.872
Very Positive
Moderation
Violence > Graphic
0.2756678499
OpenAI Moderation v1 (007)
Violence
0.053089147
OpenAI Moderation v1 (007)
Harassment
0.0402466045
OpenAI Moderation v1 (007)
Sexual
0.0056101922
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0027388924
OpenAI Moderation v1 (007)
Hate
0.0026881946
OpenAI Moderation v1 (007)
Self-Harm
0.0026796764
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006001605
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001480242
OpenAI Moderation v1 (007)
Hate > Threatening
0.000120879
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.40351E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
87.981
Magnitude:
55
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
57.9
Gunning-Fog Score
17.2
Coleman-Liau Index
10.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
3.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
11

Chris Dodd

The California Public Employees Pension System, one of the biggest institutional investors in the Nation stated that "forward-looking statements provide extremely valuable and relevant information to investors." SEC Chairman Arthur Levitt also noted the importance of such information in the marketplace in 1995:
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.94591
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.70805
VADER
0.706
Very Positive
Moderation
Violence
0.004451822
OpenAI Moderation v1 (007)
Sexual
0.0034306355
OpenAI Moderation v1 (007)
Violence > Graphic
0.0032033546
OpenAI Moderation v1 (007)
Self-Harm
0.0009858183
OpenAI Moderation v1 (007)
Harassment
0.0006676174
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0005400957
OpenAI Moderation v1 (007)
Hate
0.0004447856
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.40641E-5
OpenAI Moderation v1 (007)
Sexual > Minors
5.26263E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.8999E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.9788E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.242
Magnitude:
47
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
11.5
Gunning-Fog Score
17.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
9.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
24
Sprache Difficult Word Count
25

Chris Dodd

In recent years, the Securities and Exchange Commission, in recognition of this fact, sought to find ways to encourage companies to put such forward-looking statements into the marketplace. Congress too sought to encourage this and this effort ultimately culminated in the creation of a statutory safe harbor, so that companies need not fear a lawsuit if they did not meet their good-faith projections about future performance.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.60944
Harvard-IV (Relative)
0.84615
Very Positive
Harvard-IV (Absolute)
0.84615
Very Positive
Harvard-IV (Logit)
2.12026
VADER
0.929
Very Positive
Moderation
Violence
0.0936249737
OpenAI Moderation v1 (007)
Violence > Graphic
0.042812989
OpenAI Moderation v1 (007)
Harassment
0.0145176004
OpenAI Moderation v1 (007)
Hate
0.0131063542
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0053627547
OpenAI Moderation v1 (007)
Sexual
0.0052825329
OpenAI Moderation v1 (007)
Self-Harm
0.001135765
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002257433
OpenAI Moderation v1 (007)
Hate > Threatening
9.59725E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.71005E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.16652E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
44.483
Magnitude:
98
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
35.776
Magnitude:
98
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
30.5
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
24

Chris Dodd

Unfortunately, the simple fact is that the fear of State court litigation is preventing companies from effectively using the safe harbor.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.09861
VADER
-0.178
Leans Negative
Moderation
Harassment
0.3600441851
OpenAI Moderation v1 (007)
Violence
0.2146815415
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0771791325
OpenAI Moderation v1 (007)
Violence > Graphic
0.0585620292
OpenAI Moderation v1 (007)
Self-Harm
0.0029627952
OpenAI Moderation v1 (007)
Hate
0.0027762373
OpenAI Moderation v1 (007)
Sexual
0.0006001159
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0005334115
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004380365
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.000371032
OpenAI Moderation v1 (007)
Sexual > Minors
5.35495E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.794
Magnitude:
26
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
32.4
Gunning-Fog Score
16
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.8
Sprache Readability Score
4
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
10

Chris Dodd

Again, the SEC's April 1997 study found that "companies have been reluctant to provide significantly more forward looking disclosure than they had prior to enactment of the safe harbor." (p. 24); the report went on to cite the fear of State court litigation as one of the principal reasons for this failure.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.61904
VADER
-0.477
Negative
Moderation
Harassment
0.0218013694
OpenAI Moderation v1 (007)
Violence
0.0140103934
OpenAI Moderation v1 (007)
Violence > Graphic
0.0118316231
OpenAI Moderation v1 (007)
Sexual
0.0024032675
OpenAI Moderation v1 (007)
Harassment > Threatening
0.00200212
OpenAI Moderation v1 (007)
Hate
0.0006849391
OpenAI Moderation v1 (007)
Self-Harm
0.0001433604
OpenAI Moderation v1 (007)
Sexual > Minors
6.32826E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.58601E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.4563E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.7263E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
84.218
Magnitude:
106
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.9
Flesch-Kincaid Ease
62.3
Gunning-Fog Score
12.3
Coleman-Liau Index
11.4
SMOG Index
12
Automated Readability Index
9
Dale-Chall Readability Score
4.8
Sprache Readability Score
4.5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
21

Chris Dodd

Stanford Law School lecturer Michael Perino stated the case very well in a forthcoming law review article:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.332
Somewhat Positive
Moderation
Harassment
8.5553981364
OpenAI Moderation v1 (007)
Violence
0.3116687993
OpenAI Moderation v1 (007)
Violence > Graphic
0.3101930022
OpenAI Moderation v1 (007)
Hate
0.2655774821
OpenAI Moderation v1 (007)
Sexual
0.0244319905
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0081093123
OpenAI Moderation v1 (007)
Self-Harm
0.0075475516
OpenAI Moderation v1 (007)
Sexual > Minors
0.0030970088
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0004597943
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003285329
OpenAI Moderation v1 (007)
Hate > Threatening
5.42489E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.491
Magnitude:
104
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.9
Flesch-Kincaid Ease
40.3
Gunning-Fog Score
13.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.7
Dale-Chall Readability Score
7.3
Sprache Readability Score
3.5
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
9

Chris Dodd

If the migration of cases to state court were just a temporary phenomenon, then perhaps it would be appropriate for Congress to tell these companies and their millions of investors to simply grin and bear it, that it will all be over soon.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.477
Positive
Moderation
Violence
0.0070870767
OpenAI Moderation v1 (007)
Violence > Graphic
0.0055593267
OpenAI Moderation v1 (007)
Sexual
0.0020202293
OpenAI Moderation v1 (007)
Harassment
0.001159117
OpenAI Moderation v1 (007)
Hate
0.0003403451
OpenAI Moderation v1 (007)
Self-Harm
0.0003242013
OpenAI Moderation v1 (007)
Harassment > Threatening
0.000178902
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001366105
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.44475E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.8026E-6
OpenAI Moderation v1 (007)
Hate > Threatening
4.1247E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.818
Magnitude:
71
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
35.3
Gunning-Fog Score
19
Coleman-Liau Index
10.8
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
8
Sprache Difficult Word Count
10

Chris Dodd

But the SEC report contains the warning that this is no temporary trend: "If state law provides advantages to plaintiffs in a particular case, it is reasonable to expect that plaintiffs' counsel will file suit in state court." The plain English translation of that is that any plaintiffs' lawyer worth his salt is going to file in state court if he feels it advantageous for his case; since most state courts do not provide the stay of discovery or a safe harbor, we're confronted with a likelihood of continued state court class actions.
Sentiment
Loughran McDonald (Relative)
-0.42857
Negative
Loughran McDonald (Absolute)
-0.42857
Negative
Loughran McDonald (Logit)
-0.78846
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
1.02165
VADER
0.681
Very Positive
Moderation
Sexual
0.0551745354
OpenAI Moderation v1 (007)
Violence > Graphic
0.0077158467
OpenAI Moderation v1 (007)
Violence
0.0060519731
OpenAI Moderation v1 (007)
Sexual > Minors
0.000974759
OpenAI Moderation v1 (007)
Harassment
0.0006787558
OpenAI Moderation v1 (007)
Self-Harm
0.000166924
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001100377
OpenAI Moderation v1 (007)
Hate
5.99808E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.29353E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.08637E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.5114E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
65.204
Magnitude:
70
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
35
Gunning-Fog Score
19
Coleman-Liau Index
11.7
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
23
Sprache Difficult Word Count
32

Chris Dodd

While the frustration of the objectives of the 1995 Reform Act provide compelling reasons for congressional action, it is equally important to consider whether the proposition of creating a national standard of liability for nationally-traded securities makes sense in it's own right.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.27297
VADER
0.296
Slightly Positive
Moderation
Harassment
0.1581104123
OpenAI Moderation v1 (007)
Hate
0.0716520764
OpenAI Moderation v1 (007)
Sexual
0.0332527852
OpenAI Moderation v1 (007)
Violence
0.0140832999
OpenAI Moderation v1 (007)
Violence > Graphic
0.005535912
OpenAI Moderation v1 (007)
Sexual > Minors
0.0028857943
OpenAI Moderation v1 (007)
Self-Harm
0.0013650963
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0005254739
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000180214
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001237968
OpenAI Moderation v1 (007)
Hate > Threatening
8.68557E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
89.19
Magnitude:
131
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
1.9
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
20

Chris Dodd

I certainly believe it does.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.34
Somewhat Positive
Moderation
Harassment
1.3498098589
OpenAI Moderation v1 (007)
Violence
0.1910699764
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0846203999
OpenAI Moderation v1 (007)
Violence > Graphic
0.0146368329
OpenAI Moderation v1 (007)
Hate
0.0125409846
OpenAI Moderation v1 (007)
Self-Harm
0.0015145113
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0006108536
OpenAI Moderation v1 (007)
Sexual
0.0005416462
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000412088
OpenAI Moderation v1 (007)
Sexual > Minors
6.60616E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.65803E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
81.575
Magnitude:
69
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
5.2
Flesch-Kincaid Ease
66.4
Gunning-Fog Score
10
Coleman-Liau Index
11.2
SMOG Index
9
Automated Readability Index
2.7
Dale-Chall Readability Score
0.2
Sprache Readability Score
1.3
Dale-Chall Difficult Word Score
0
Sprache Difficult Word Count
1

Chris Dodd

In 1996, Congress passed the "National Securities Markets Improvement Act" which established a precedent of national treatment for securities that are nationally-traded.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.3979
VADER
0.751
Very Positive
Moderation
Harassment
9.7728200257
OpenAI Moderation v1 (007)
Hate
0.0313996687
OpenAI Moderation v1 (007)
Violence
0.0104633931
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0067092245
OpenAI Moderation v1 (007)
Violence > Graphic
0.0010352142
OpenAI Moderation v1 (007)
Self-Harm
0.0007793707
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0006707489
OpenAI Moderation v1 (007)
Sexual
0.000381908
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001375706
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001362859
OpenAI Moderation v1 (007)
Hate > Threatening
5.7432E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Labor
Score:
38.762
Magnitude:
60
Code:
5
Url:
https://fsc.al/cap-mc#5
Source:
Comparative Agendas
Topic:
Macroeconomics
Score:
24.69
Magnitude:
60
Code:
1
Url:
https://fsc.al/cap-mc#1
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
14.3
Gunning-Fog Score
17.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
9.4
Sprache Readability Score
4.3
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
10

Chris Dodd

In that act, Congress clearly and explicitly recognized that our securities markets were national in scope and that requiring that the securities that trade on those national markets comply with 52 separate jurisdictional requirements both afforded little extra protection to investors and imposed unnecessarily steep costs on raising capital.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.14286
Leans Positive
Harvard-IV (Absolute)
0.14286
Leans Positive
Harvard-IV (Logit)
0.25131
VADER
0.7
Very Positive
Moderation
Harassment
0.6532905158
OpenAI Moderation v1 (007)
Hate
0.048000316
OpenAI Moderation v1 (007)
Violence
0.0111936009
OpenAI Moderation v1 (007)
Violence > Graphic
0.0048377002
OpenAI Moderation v1 (007)
Harassment > Threatening
0.002157527
OpenAI Moderation v1 (007)
Self-Harm
0.0019017307
OpenAI Moderation v1 (007)
Sexual
0.0002704002
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001286214
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.57798E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.27639E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.50446E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
41.616
Magnitude:
32
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
19
Sprache Difficult Word Count
23

Chris Dodd

Last July, then-Securities Commissioner Steven Wallman submitted testimony to the Securities Subcommittee in which he said:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.296
Slightly Positive
Moderation
Self-Harm
0.0050736366
OpenAI Moderation v1 (007)
Sexual
0.0028845892
OpenAI Moderation v1 (007)
Harassment
0.0022679034
OpenAI Moderation v1 (007)
Violence
0.0020066751
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0010144279
OpenAI Moderation v1 (007)
Sexual > Minors
0.0008965378
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0005902195
OpenAI Moderation v1 (007)
Hate
0.0004936438
OpenAI Moderation v1 (007)
Violence > Graphic
0.0004517163
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.70213E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.6688E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0.5
Gunning-Fog Score
11.5
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
9.2
Sprache Readability Score
3.4
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
8

Chris Dodd

That is what we are trying to do with this bill.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence
0.1770354458
OpenAI Moderation v1 (007)
Violence > Graphic
0.0554613362
OpenAI Moderation v1 (007)
Harassment > Threatening
0.013815485
OpenAI Moderation v1 (007)
Harassment
0.013101568
OpenAI Moderation v1 (007)
Sexual
0.0015777987
OpenAI Moderation v1 (007)
Hate
0.0005372307
OpenAI Moderation v1 (007)
Hate > Threatening
0.0005222784
OpenAI Moderation v1 (007)
Self-Harm
0.0004798777
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001862052
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.1837E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.1736E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
62.148
Magnitude:
21
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
27.186
Magnitude:
21
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0.5
Flesch-Kincaid Ease
100
Gunning-Fog Score
4.4
Coleman-Liau Index
4
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
2
Sprache Readability Score
2.2
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
2

Chris Dodd

At that same hearing, Keith Paul Bishop, then-California's top state securities regulator testified along the same lines that:
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.459
Positive
Moderation
Violence
0.3408584045
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1254236558
OpenAI Moderation v1 (007)
Harassment
0.1078127883
OpenAI Moderation v1 (007)
Violence > Graphic
0.0687952794
OpenAI Moderation v1 (007)
Sexual
0.0113158501
OpenAI Moderation v1 (007)
Hate
0.0028810346
OpenAI Moderation v1 (007)
Sexual > Minors
0.0024026969
OpenAI Moderation v1 (007)
Hate > Threatening
0.0020049189
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.000269974
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.82116E-5
OpenAI Moderation v1 (007)
Self-Harm
5.27324E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
70.206
Magnitude:
16
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
36.2
Gunning-Fog Score
13.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.8
Sprache Readability Score
3.7
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
9

Chris Dodd

SEC Chairman Arthur Levitt, at his reconfirmation hearing before the Banking Committee on March 26, 1998, said that the legislation we are debating today:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Harassment
0.2140289871
OpenAI Moderation v1 (007)
Violence
0.0646499917
OpenAI Moderation v1 (007)
Violence > Graphic
0.0301340915
OpenAI Moderation v1 (007)
Hate
0.0067233144
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0063548483
OpenAI Moderation v1 (007)
Sexual
0.0019028592
OpenAI Moderation v1 (007)
Self-Harm
0.0013187991
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003512342
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001236562
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001108054
OpenAI Moderation v1 (007)
Hate > Threatening
8.28479E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
90.821
Magnitude:
39
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
41.5
Gunning-Fog Score
14.6
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.1
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
10

Chris Dodd

which is all we are trying to do here with this bill, to set one speed limit, if you will, on a national debate on trading securities and on markets. That is all, one speed limit, not two, to live up to the fact of what we tried to do with the 1995 bill.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.66667
Very Negative
Harvard-IV (Absolute)
-0.66667
Very Negative
Harvard-IV (Logit)
-1.29928
VADER
0.296
Slightly Positive
Moderation
Violence
0.0712785928
OpenAI Moderation v1 (007)
Violence > Graphic
0.0664849882
OpenAI Moderation v1 (007)
Harassment
0.0050929641
OpenAI Moderation v1 (007)
Sexual
0.0035659854
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0026940716
OpenAI Moderation v1 (007)
Self-Harm
0.0005492793
OpenAI Moderation v1 (007)
Hate
0.0004323713
OpenAI Moderation v1 (007)
Sexual > Minors
9.78055E-5
OpenAI Moderation v1 (007)
Hate > Threatening
8.59496E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.03199E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.6316E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
95.24
Magnitude:
43
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.7
Flesch-Kincaid Ease
80.7
Gunning-Fog Score
12.3
Coleman-Liau Index
4.8
SMOG Index
9
Automated Readability Index
8.6
Dale-Chall Readability Score
3.4
Sprache Readability Score
4.7
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
10

Chris Dodd

The message from all of these sources is clear and unequivocal: A uniform, national standard of litigation is both sensible and appropriate.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.19722
VADER
0.202
Slightly Positive
Moderation
Violence
0.0255652267
OpenAI Moderation v1 (007)
Violence > Graphic
0.0119530276
OpenAI Moderation v1 (007)
Harassment
0.0026860009
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0011314136
OpenAI Moderation v1 (007)
Hate
0.0010793097
OpenAI Moderation v1 (007)
Sexual
0.0008344885
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002484142
OpenAI Moderation v1 (007)
Hate > Threatening
3.32954E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.87351E-5
OpenAI Moderation v1 (007)
Self-Harm
1.81971E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.856E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
75.627
Magnitude:
19
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
26.8
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
10

Chris Dodd

The legislation under consideration today accomplishes that goal in the narrowest, most balanced way possible.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.402
Positive
Moderation
Violence
0.0136138857
OpenAI Moderation v1 (007)
Violence > Graphic
0.0087551991
OpenAI Moderation v1 (007)
Harassment
0.0014788584
OpenAI Moderation v1 (007)
Self-Harm
0.0004661117
OpenAI Moderation v1 (007)
Sexual
0.0003909154
OpenAI Moderation v1 (007)
Hate
0.0002215488
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001302847
OpenAI Moderation v1 (007)
Sexual > Minors
8.40772E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.2913E-6
OpenAI Moderation v1 (007)
Hate > Threatening
2.4088E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.1368E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.719
Magnitude:
32
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
5.5
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6
Sprache Readability Score
3
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
7

Chris Dodd

Before I discuss what the legislation will do, let me point out a few things that it won't do:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-0.33333
Somewhat Negative
Harvard-IV (Absolute)
-0.33333
Somewhat Negative
Harvard-IV (Logit)
-0.51083
VADER
0
Neutral
Moderation
Violence
0.1008711639
OpenAI Moderation v1 (007)
Violence > Graphic
0.0289199757
OpenAI Moderation v1 (007)
Harassment
0.0026197135
OpenAI Moderation v1 (007)
Hate
0.002455132
OpenAI Moderation v1 (007)
Sexual
0.001720215
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009539858
OpenAI Moderation v1 (007)
Self-Harm
0.0001442436
OpenAI Moderation v1 (007)
Sexual > Minors
6.88616E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.49419E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.3296E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.069E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
80.926
Magnitude:
32
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.7
Flesch-Kincaid Ease
80.7
Gunning-Fog Score
9.7
Coleman-Liau Index
6.8
SMOG Index
9
Automated Readability Index
6.2
Dale-Chall Readability Score
2.6
Sprache Readability Score
3.1
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

Chris Dodd

It will not affect the ability of any state agency to bring any kind of enforcement action against any player in the securities markets; It will not affect the ability of any individual, or even a small group of individuals, to bring a suit in state court against any security, nationally traded or not; It will not affect any suit, class action or otherwise, against penny stocks or any stock that is not traded on a national exchange.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.84615
Very Positive
Harvard-IV (Absolute)
0.84615
Very Positive
Harvard-IV (Logit)
2.12026
VADER
0.429
Positive
Moderation
Violence
0.0561011489
OpenAI Moderation v1 (007)
Harassment
0.051273196
OpenAI Moderation v1 (007)
Violence > Graphic
0.039272802
OpenAI Moderation v1 (007)
Sexual
0.0170052925
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0044435939
OpenAI Moderation v1 (007)
Self-Harm
0.0035778088
OpenAI Moderation v1 (007)
Hate
0.0023699611
OpenAI Moderation v1 (007)
Sexual > Minors
0.0013165321
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0011175278
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002374655
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001711774
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
95.719
Magnitude:
26
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
10.7
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
17

Chris Dodd

It will not affect any suits based upon corporate disclosure to existing shareholders required by state fiduciary duty laws; And it will not alter the national scienter requirement to prevent shareholders from bringing suits against issuers or others who act recklessly.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.026
Neutral
Moderation
Violence
0.2793466672
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1431497396
OpenAI Moderation v1 (007)
Violence > Graphic
0.0580917287
OpenAI Moderation v1 (007)
Harassment
0.0353118143
OpenAI Moderation v1 (007)
Hate > Threatening
0.0048070226
OpenAI Moderation v1 (007)
Sexual
0.0024122293
OpenAI Moderation v1 (007)
Self-Harm
0.000460068
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0004015187
OpenAI Moderation v1 (007)
Hate
0.0003105946
OpenAI Moderation v1 (007)
Sexual > Minors
4.52155E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.64455E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
91.981
Magnitude:
28
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
6.3
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
19

Chris Dodd

There has been a lot of talk about this last point, so let me address it head-on.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.60944
VADER
0
Neutral
Moderation
Violence
0.2302423585
OpenAI Moderation v1 (007)
Harassment
0.1202443265
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0716213544
OpenAI Moderation v1 (007)
Violence > Graphic
0.0148867999
OpenAI Moderation v1 (007)
Hate
0.0114838171
OpenAI Moderation v1 (007)
Sexual
0.0019742221
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004581074
OpenAI Moderation v1 (007)
Self-Harm
0.0002717577
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002217676
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001282286
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.55681E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
48.283
Magnitude:
17
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
34.217
Magnitude:
17
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
4.5
Flesch-Kincaid Ease
94.6
Gunning-Fog Score
7.2
Coleman-Liau Index
4.5
SMOG Index
3.3
Automated Readability Index
3.8
Dale-Chall Readability Score
1.8
Sprache Readability Score
2.9
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
1

Chris Dodd

It is true that in 1995, Congress wrestled with the idea of trying to establish a uniform definition of recklessness; but ultimately, the 1995 Private Securities Litigation Reform Act was silent on the question of recklessness. While the act requires that plaintiffs plead "Facts giving rise to a strong inference that the defendant acted with the requisite state of mind . . ." The act at no point attempts to define that state of mind. Congress left that to courts to apply, just as they had been applying their definition of state of mind prior to 1995.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.70805
Harvard-IV (Relative)
0.17647
Leans Positive
Harvard-IV (Absolute)
0.17647
Leans Positive
Harvard-IV (Logit)
0.33647
VADER
0.805
Very Positive
Moderation
Violence
0.0075270385
OpenAI Moderation v1 (007)
Violence > Graphic
0.0010692358
OpenAI Moderation v1 (007)
Harassment
0.0008753229
OpenAI Moderation v1 (007)
Hate
0.0003448739
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003230421
OpenAI Moderation v1 (007)
Self-Harm
0.0001037893
OpenAI Moderation v1 (007)
Sexual
5.75542E-5
OpenAI Moderation v1 (007)
Sexual > Minors
1.58958E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.27304E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.5718E-6
OpenAI Moderation v1 (007)
Hate > Threatening
7.807E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
67.174
Magnitude:
31
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
21.351
Magnitude:
31
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.9
Flesch-Kincaid Ease
58.8
Gunning-Fog Score
14.1
Coleman-Liau Index
11.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
26
Sprache Difficult Word Count
29

Chris Dodd

Unfortunately, a minority of district courts have tried to read into some of the legislative history of the reform act an intent to do away with recklessness as an actionable standard.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.5
Very Negative
Harvard-IV (Absolute)
-0.5
Very Negative
Harvard-IV (Logit)
-0.8473
VADER
-0.34
Somewhat Negative
Moderation
Violence > Graphic
0.0250803423
OpenAI Moderation v1 (007)
Violence
0.0229140671
OpenAI Moderation v1 (007)
Harassment
0.0046416815
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0040920986
OpenAI Moderation v1 (007)
Hate
0.0019972131
OpenAI Moderation v1 (007)
Sexual
0.0016221224
OpenAI Moderation v1 (007)
Self-Harm
0.0002778331
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002733041
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002328537
OpenAI Moderation v1 (007)
Hate > Threatening
0.00019069
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.25355E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.408
Magnitude:
21
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
25.3
Gunning-Fog Score
18.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
12

Chris Dodd

I believe that these decisions are erroneous and cannot be supported by either the black letter of the statute nor by any meaningful examination of the legislative history.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.51083
VADER
-0.552
Very Negative
Moderation
Self-Harm
0.0714520516
OpenAI Moderation v1 (007)
Violence > Graphic
0.0468795508
OpenAI Moderation v1 (007)
Violence
0.0418864365
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0334968936
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0146735576
OpenAI Moderation v1 (007)
Harassment
0.0141127399
OpenAI Moderation v1 (007)
Sexual
0.0032241092
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0028625238
OpenAI Moderation v1 (007)
Hate
0.001545042
OpenAI Moderation v1 (007)
Sexual > Minors
0.0010777524
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001056707
OpenAI Moderation v1 (007)
Topics
Topic:
Civil Rights
Score:
66.608
Magnitude:
38
Code:
2
Url:
https://fsc.al/cap-mc#2
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
23.275
Magnitude:
38
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
24.3
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.3
Sprache Readability Score
4.9
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
10

Chris Dodd

There are several definitions of recklessness that operate in our courts today, and some of them are looser than others. But I agree with those who believe that reckless behavior is an extreme departure from the standards of ordinary care; a departure that is so blatant that the danger it presents to investors is either known to the defendant or is so obvious that he or she must have been aware of it.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.36772
VADER
-0.103
Leans Negative
Moderation
Harassment
0.0205230448
OpenAI Moderation v1 (007)
Violence
0.0159956151
OpenAI Moderation v1 (007)
Hate
0.0060775878
OpenAI Moderation v1 (007)
Violence > Graphic
0.0055458982
OpenAI Moderation v1 (007)
Self-Harm
0.0036968122
OpenAI Moderation v1 (007)
Sexual
0.0014530308
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0012649965
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0003017622
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002982909
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.000209067
OpenAI Moderation v1 (007)
Hate > Threatening
8.6615E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
61.17
Magnitude:
20
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
25.226
Magnitude:
20
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
41.1
Gunning-Fog Score
19
Coleman-Liau Index
10.7
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
18

Chris Dodd

The notion that Congress would condone such behavior by closing off private lawsuits against those who fall within that definition is just ludicrous.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.477
Negative
Moderation
Violence
0.0402768666
OpenAI Moderation v1 (007)
Harassment
0.0183500902
OpenAI Moderation v1 (007)
Violence > Graphic
0.0165136124
OpenAI Moderation v1 (007)
Self-Harm
0.0124678088
OpenAI Moderation v1 (007)
Hate
0.0059838265
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0032060536
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009699204
OpenAI Moderation v1 (007)
Sexual
0.0009212481
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004999979
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001982845
OpenAI Moderation v1 (007)
Hate > Threatening
3.99341E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.288
Magnitude:
44
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
40
Gunning-Fog Score
14.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8
Sprache Readability Score
4.3
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
10

Chris Dodd

And if, by some process of mischance and misunderstanding, investors lost their ability to bring suits based on that kind of scienter standard, I would be the first, though certainly not the last, Senator to introduce legislation to restore that standard.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.95551
VADER
0.202
Slightly Positive
Moderation
Harassment
0.0827452866
OpenAI Moderation v1 (007)
Violence
0.0456404407
OpenAI Moderation v1 (007)
Violence > Graphic
0.0114710012
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0047707257
OpenAI Moderation v1 (007)
Hate
0.0040096947
OpenAI Moderation v1 (007)
Self-Harm
0.0010485552
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002425399
OpenAI Moderation v1 (007)
Sexual
0.0002096072
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001420638
OpenAI Moderation v1 (007)
Sexual > Minors
8.21347E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.55182E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
73.073
Magnitude:
31
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
29
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
13

Chris Dodd

As I mentioned a moment ago, Mr. President, S.1260 is a moderate, balanced and common sense approach to establishing a uniform national standard of litigation that will end the practice of meritless class action suits being brought in state court.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.94444
VADER
-0.202
Slightly Negative
Moderation
Violence
0.2319551306
OpenAI Moderation v1 (007)
Violence > Graphic
0.1195329358
OpenAI Moderation v1 (007)
Harassment
0.0873205368
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0445826561
OpenAI Moderation v1 (007)
Hate
0.024841784
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0237524728
OpenAI Moderation v1 (007)
Self-Harm
0.0214196727
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.009486459
OpenAI Moderation v1 (007)
Hate > Threatening
0.0037624028
OpenAI Moderation v1 (007)
Sexual > Minors
0.0027125454
OpenAI Moderation v1 (007)
Sexual
0.001127522
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.125
Magnitude:
81
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.7
Flesch-Kincaid Ease
56.8
Gunning-Fog Score
11.3
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
8.1
Dale-Chall Readability Score
6.5
Sprache Readability Score
3.9
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
19

Chris Dodd

This legislation keeps a very tight definition of class action and applies it's standards only to those securities that have been previously defined in law as trading on a national exchange.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.296
Slightly Positive
Moderation
Violence
0.0025636411
OpenAI Moderation v1 (007)
Violence > Graphic
0.0024317766
OpenAI Moderation v1 (007)
Sexual
0.0015944921
OpenAI Moderation v1 (007)
Harassment
0.0005897183
OpenAI Moderation v1 (007)
Hate
0.0002303501
OpenAI Moderation v1 (007)
Self-Harm
0.0002280326
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001904167
OpenAI Moderation v1 (007)
Harassment > Threatening
7.59475E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.23379E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.4796E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.7229E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
80.09
Magnitude:
38
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
30.7
Gunning-Fog Score
18.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
11
Sprache Difficult Word Count
13

Chris Dodd

That is why the Securities and Exchange Commission has stated that "We support enactment of S. 1260;" That is why the Clinton administration has also indicated it's support for the legislation.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.3979
VADER
0.765
Very Positive
Moderation
Violence > Graphic
0.010740885
OpenAI Moderation v1 (007)
Violence
0.006478763
OpenAI Moderation v1 (007)
Sexual
0.004760105
OpenAI Moderation v1 (007)
Harassment
0.004132637
OpenAI Moderation v1 (007)
Hate
0.0010034811
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0006781721
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002987247
OpenAI Moderation v1 (007)
Self-Harm
4.19611E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.11652E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.4527E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.855E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
11
Flesch-Kincaid Ease
43.7
Gunning-Fog Score
11.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.6
Dale-Chall Readability Score
5.9
Sprache Readability Score
3.4
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
10

Chris Dodd

In the final analysis, it is both the millions of Americans who have invested their hard-earned dollars in these nationally-traded companies and the men and women who will hold the new jobs that will be created as a result of newly available resources, whom we hope will be the real beneficiaries of the action that we take here today.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.3979
VADER
0.772
Very Positive
Moderation
Violence
0.0219840993
OpenAI Moderation v1 (007)
Violence > Graphic
0.0100843637
OpenAI Moderation v1 (007)
Harassment
0.0053844928
OpenAI Moderation v1 (007)
Hate
0.004934593
OpenAI Moderation v1 (007)
Sexual
0.0022163069
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009206755
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002671299
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001183844
OpenAI Moderation v1 (007)
Self-Harm
6.9654E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.719E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.93E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
84.379
Magnitude:
29
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
11.8
Gunning-Fog Score
19
Coleman-Liau Index
10.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
16

Chris Dodd

I strongly urge my colleagues to join the Securities and Exchange Commission, dozens of our colleagues, the Clinton administration, dozens of governors, state legislators and state securities regulators in supporting passage of the Securities Litigation Uniform Standards Act of 1998.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.94444
VADER
0.875
Very Positive
Moderation
Harassment
0.0453413872
OpenAI Moderation v1 (007)
Hate
0.0061214334
OpenAI Moderation v1 (007)
Violence
0.0051851093
OpenAI Moderation v1 (007)
Violence > Graphic
0.0013354711
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009345169
OpenAI Moderation v1 (007)
Self-Harm
0.0004713425
OpenAI Moderation v1 (007)
Sexual
0.0003874552
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001275306
OpenAI Moderation v1 (007)
Hate > Threatening
8.76447E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.32088E-5
OpenAI Moderation v1 (007)
Sexual > Minors
6.21039E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
49.619
Magnitude:
18
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
18

Chris Dodd

Madam President, I see my colleague.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Violence
0.0787441561
OpenAI Moderation v1 (007)
Hate
0.0199525661
OpenAI Moderation v1 (007)
Violence > Graphic
0.0167162842
OpenAI Moderation v1 (007)
Harassment
0.0123099016
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0104739149
OpenAI Moderation v1 (007)
Self-Harm
0.0071979528
OpenAI Moderation v1 (007)
Sexual
0.0011935161
OpenAI Moderation v1 (007)
Hate > Threatening
0.0011807098
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0008399529
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004406153
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003389109
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.975
Magnitude:
103
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
4.5
Flesch-Kincaid Ease
73.8
Gunning-Fog Score
2.4
Coleman-Liau Index
12
SMOG Index
3.3
Automated Readability Index
4.3
Dale-Chall Readability Score
8.2
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
3

Chris Dodd

How much time remains?
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence > Graphic
0.0406645384
OpenAI Moderation v1 (007)
Violence
0.0162929704
OpenAI Moderation v1 (007)
Harassment
0.0153758723
OpenAI Moderation v1 (007)
Hate
0.0065673856
OpenAI Moderation v1 (007)
Sexual
0.0041591302
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0020776628
OpenAI Moderation v1 (007)
Sexual > Minors
0.0009162452
OpenAI Moderation v1 (007)
Self-Harm
0.0005458787
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000406983
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001528914
OpenAI Moderation v1 (007)
Hate > Threatening
6.0601E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
91.48
Magnitude:
28
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0.7
Flesch-Kincaid Ease
97
Gunning-Fog Score
1.6
Coleman-Liau Index
10.6
SMOG Index
3.3
Automated Readability Index
1.8
Dale-Chall Readability Score
0.2
Sprache Readability Score
1.2
Dale-Chall Difficult Word Score
0
Sprache Difficult Word Count
1

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.0852920115
OpenAI Moderation v1 (007)
Violence > Graphic
0.043023008
OpenAI Moderation v1 (007)
Harassment
0.0126744766
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0078865931
OpenAI Moderation v1 (007)
Hate
0.0019337702
OpenAI Moderation v1 (007)
Sexual
0.00153733
OpenAI Moderation v1 (007)
Sexual > Minors
0.0012661649
OpenAI Moderation v1 (007)
Self-Harm
0.0009055206
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001769147
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001204281
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.17165E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
75.095
Magnitude:
49
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
4.5
Flesch-Kincaid Ease
73.8
Gunning-Fog Score
4.6
Coleman-Liau Index
12
SMOG Index
9.9
Automated Readability Index
4.1
Dale-Chall Readability Score
4.7
Sprache Readability Score
1.9
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
6

Al D'Amato

I wonder if I might ask my friend and colleague. I know we are going to have some extended debate with some of the amendments. Senator Gramm, who has worked with the Senator from Connecticut, would like to be heard, and Senator Feingold has been waiting. He has an amendment that I believe is a very substantive amendment, and is one that might take hours to debate. But I believe we can dispose of it in a relatively short period of time if we were to permit the Senator to proceed.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.25
Slightly Positive
Harvard-IV (Absolute)
0.25
Slightly Positive
Harvard-IV (Logit)
0.45199
VADER
0.691
Very Positive
Moderation
Harassment
0.0240589216
OpenAI Moderation v1 (007)
Violence > Graphic
0.0167728213
OpenAI Moderation v1 (007)
Violence
0.0132800735
OpenAI Moderation v1 (007)
Hate
0.0021096081
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0013135724
OpenAI Moderation v1 (007)
Sexual
0.0012846769
OpenAI Moderation v1 (007)
Self-Harm
7.38983E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.45868E-5
OpenAI Moderation v1 (007)
Sexual > Minors
3.28898E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.06478E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.5831E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
52.965
Magnitude:
32
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Foreign Trade
Score:
23.605
Magnitude:
32
Code:
18
Url:
https://fsc.al/cap-mc#18
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.2
Flesch-Kincaid Ease
68.4
Gunning-Fog Score
10.8
Coleman-Liau Index
9
SMOG Index
12
Automated Readability Index
7.5
Dale-Chall Readability Score
4.7
Sprache Readability Score
4.3
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
17

Chris Dodd

I didn't realize how much time had already gone on. My colleague from Texas is chairman of the Securities Subcommittee and the principal author of the bill, of which I am proud to be a cosponsor.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.3979
VADER
0.649
Very Positive
Moderation
Violence
0.0489711936
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0073995332
OpenAI Moderation v1 (007)
Harassment
0.0038145172
OpenAI Moderation v1 (007)
Hate
0.0017413404
OpenAI Moderation v1 (007)
Violence > Graphic
0.0016557899
OpenAI Moderation v1 (007)
Sexual
0.000868787
OpenAI Moderation v1 (007)
Sexual > Minors
0.000685556
OpenAI Moderation v1 (007)
Hate > Threatening
0.0006107353
OpenAI Moderation v1 (007)
Self-Harm
0.0002787942
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.43361E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.4683E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
76.139
Magnitude:
41
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.8
Flesch-Kincaid Ease
57
Gunning-Fog Score
11.6
Coleman-Liau Index
9.7
SMOG Index
12
Automated Readability Index
8
Dale-Chall Readability Score
4.4
Sprache Readability Score
3.7
Dale-Chall Difficult Word Score
8
Sprache Difficult Word Count
10

Chris Dodd

While he is in the Chamber, let me commend and congratulate my colleague from Texas on this issue. This is a strong bipartisan bill, 14 to 4, coming out of this committee. It took a long time to go through all of this. We have had extensive hearings on it. We have listened to an awful lot of people. This is a good piece of legislation. It is needed out there, if we are going to in this day and age, with so many people wanting to get into this market, get more information to them, having a single standard here. Jobs and investors are affected when you have a handful of attorneys out there deciding they are going to act in a way that really brings great danger to our markets. And so I urge adoption of the legislation.
Sentiment
Loughran McDonald (Relative)
0.33333
Somewhat Positive
Loughran McDonald (Absolute)
0.33333
Somewhat Positive
Loughran McDonald (Logit)
0.51083
Harvard-IV (Relative)
0.06667
Neutral
Harvard-IV (Absolute)
0.06667
Neutral
Harvard-IV (Logit)
0.12516
VADER
0.855
Very Positive
Moderation
Violence
0.0275879487
OpenAI Moderation v1 (007)
Violence > Graphic
0.0079748257
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0034966954
OpenAI Moderation v1 (007)
Harassment
0.0028999886
OpenAI Moderation v1 (007)
Sexual
0.000657605
OpenAI Moderation v1 (007)
Hate
0.0004180715
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0004161141
OpenAI Moderation v1 (007)
Sexual > Minors
0.000390182
OpenAI Moderation v1 (007)
Self-Harm
0.000139648
OpenAI Moderation v1 (007)
Hate > Threatening
3.46894E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.72043E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.324
Magnitude:
29
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.7
Flesch-Kincaid Ease
75
Gunning-Fog Score
9.9
Coleman-Liau Index
8
SMOG Index
10.1
Automated Readability Index
5.4
Dale-Chall Readability Score
3.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
31

Chris Dodd

I yield the floor at this point.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.60944
VADER
0
Neutral
Moderation
Violence
0.0563178328
OpenAI Moderation v1 (007)
Violence > Graphic
0.0187840225
OpenAI Moderation v1 (007)
Harassment
0.0063739484
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0063258572
OpenAI Moderation v1 (007)
Self-Harm
0.0036057005
OpenAI Moderation v1 (007)
Sexual
0.0035624369
OpenAI Moderation v1 (007)
Hate
0.0008595314
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0008086685
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001218313
OpenAI Moderation v1 (007)
Hate > Threatening
6.32546E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.676E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
87.039
Magnitude:
48
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0
Flesch-Kincaid Ease
100
Gunning-Fog Score
2.8
Coleman-Liau Index
5.2
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
2.6
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
1

Al D'Amato

Madam President, I yield up to 3 minutes to the Senator from Texas and ask unanimous consent that Senator Feingold from Wisconsin be recognized thereafter for the purposes of introducing an amendment.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.226
Slightly Positive
Moderation
Violence
0.1694418374
OpenAI Moderation v1 (007)
Harassment
0.1312858309
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0203571733
OpenAI Moderation v1 (007)
Violence > Graphic
0.0140901495
OpenAI Moderation v1 (007)
Hate
0.0140463773
OpenAI Moderation v1 (007)
Sexual
0.0023350689
OpenAI Moderation v1 (007)
Self-Harm
0.0013125907
OpenAI Moderation v1 (007)
Hate > Threatening
0.0007395077
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001153713
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.81357E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.6911E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
87.062
Magnitude:
51
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
23.7
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
14

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Harassment
32.0434510708
OpenAI Moderation v1 (007)
Hate
0.4566896241
OpenAI Moderation v1 (007)
Violence
0.0774499669
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0200442839
OpenAI Moderation v1 (007)
Violence > Graphic
0.011015121
OpenAI Moderation v1 (007)
Sexual
0.0019278228
OpenAI Moderation v1 (007)
Self-Harm
0.0003978132
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002215942
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001026076
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.5558E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.99871E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
97.278
Magnitude:
56
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.2
Flesch-Kincaid Ease
34.6
Gunning-Fog Score
7.9
Coleman-Liau Index
12
SMOG Index
10.3
Automated Readability Index
7.5
Dale-Chall Readability Score
5.4
Sprache Readability Score
1.3
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
3

Richard Bryan

Reserving my right to object.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0
Neutral
Moderation
Harassment
0.3922141623
OpenAI Moderation v1 (007)
Violence > Graphic
0.2359229838
OpenAI Moderation v1 (007)
Violence
0.1860712073
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0262805232
OpenAI Moderation v1 (007)
Hate
0.0239425106
OpenAI Moderation v1 (007)
Sexual
0.0049815382
OpenAI Moderation v1 (007)
Self-Harm
0.0005676244
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004571534
OpenAI Moderation v1 (007)
Sexual > Minors
6.03959E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.79648E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.0648E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
64.476
Magnitude:
38
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
23.22
Magnitude:
38
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
5.2
Flesch-Kincaid Ease
66.4
Gunning-Fog Score
2
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
3.7
Dale-Chall Readability Score
6.6
Sprache Readability Score
1.4
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.088751351
OpenAI Moderation v1 (007)
Violence > Graphic
0.057125499
OpenAI Moderation v1 (007)
Violence
0.0569247233
OpenAI Moderation v1 (007)
Hate
0.0129003791
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0041116771
OpenAI Moderation v1 (007)
Sexual
0.0015578386
OpenAI Moderation v1 (007)
Hate > Threatening
0.0008326625
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007374984
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.95173E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.74443E-5
OpenAI Moderation v1 (007)
Self-Harm
2.58437E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
72.08
Magnitude:
65
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
22
Gunning-Fog Score
1.4
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
6.6
Dale-Chall Readability Score
6.9
Sprache Readability Score
1.4
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Richard Bryan

I certainly do not want in any way to interfere with the presentation of the amendment of the Senator from Wisconsin, but we are in a time limit where we have an hour on each side and I want to make sure that I do not lose my -- --
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.5
Very Negative
Harvard-IV (Absolute)
-0.5
Very Negative
Harvard-IV (Logit)
-0.8473
VADER
0.701
Very Positive
Moderation
Violence
0.0228398421
OpenAI Moderation v1 (007)
Violence > Graphic
0.0205042074
OpenAI Moderation v1 (007)
Sexual
0.0121578625
OpenAI Moderation v1 (007)
Harassment
0.0022734728
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006621207
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0005600492
OpenAI Moderation v1 (007)
Self-Harm
0.0003320295
OpenAI Moderation v1 (007)
Hate
0.0001383506
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.6007E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.42267E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.9645E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
58.67
Magnitude:
52
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
28.111
Magnitude:
52
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
47.1
Gunning-Fog Score
19
Coleman-Liau Index
5.9
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
8

Al D'Amato

It was never the Senator's intent nor would this impinge on the Senator's time. It was an effort to accommodate one of our colleagues.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0
Neutral
Moderation
Violence
0.0745708414
OpenAI Moderation v1 (007)
Harassment
0.0365309708
OpenAI Moderation v1 (007)
Violence > Graphic
0.0327892369
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0066304514
OpenAI Moderation v1 (007)
Hate
0.0065180524
OpenAI Moderation v1 (007)
Sexual
0.0046337784
OpenAI Moderation v1 (007)
Self-Harm
0.0017244443
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003482583
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001533855
OpenAI Moderation v1 (007)
Hate > Threatening
6.44104E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.81966E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
65.298
Magnitude:
61
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
20.867
Magnitude:
61
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.3
Flesch-Kincaid Ease
64.2
Gunning-Fog Score
8.1
Coleman-Liau Index
10.4
SMOG Index
11.3
Automated Readability Index
5.6
Dale-Chall Readability Score
5.2
Sprache Readability Score
2.7
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
7

Richard Bryan

I am happy to do that. Can we include one proviso in the proposed unanimous consent that after the Senator from Texas is allowed the time as requested by my friend, the distinguished chairman, and after the Senator from Wisconsin is recognized for purposes of an amendment, will the Senator from Nevada then be next recognized, if that would be agreeable?
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.56495
VADER
0.891
Very Positive
Moderation
Violence
0.0120307748
OpenAI Moderation v1 (007)
Sexual
0.005670758
OpenAI Moderation v1 (007)
Violence > Graphic
0.0012508207
OpenAI Moderation v1 (007)
Self-Harm
0.0009800646
OpenAI Moderation v1 (007)
Harassment
0.0008445836
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0008017627
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001454603
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001446719
OpenAI Moderation v1 (007)
Hate
0.0001028287
OpenAI Moderation v1 (007)
Hate > Threatening
8.8925E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.0051E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
42.094
Magnitude:
19
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
24.748
Magnitude:
19
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
33
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
17

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0
Neutral
Moderation
Harassment
0.8758940734
OpenAI Moderation v1 (007)
Hate
0.0626336841
OpenAI Moderation v1 (007)
Violence
0.0534018269
OpenAI Moderation v1 (007)
Violence > Graphic
0.0126065192
OpenAI Moderation v1 (007)
Sexual
0.0093662522
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0077309007
OpenAI Moderation v1 (007)
Self-Harm
0.0007898793
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001138884
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.25089E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.29328E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.12665E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.586
Magnitude:
83
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.6
Flesch-Kincaid Ease
47.7
Gunning-Fog Score
8.3
Coleman-Liau Index
12
SMOG Index
9.9
Automated Readability Index
5.7
Dale-Chall Readability Score
5.5
Sprache Readability Score
1.5
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
4

The Senator from Texas.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.4996856675
OpenAI Moderation v1 (007)
Violence > Graphic
0.0708674197
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0182416683
OpenAI Moderation v1 (007)
Harassment
0.0121423735
OpenAI Moderation v1 (007)
Self-Harm
0.0057049954
OpenAI Moderation v1 (007)
Sexual
0.0042575259
OpenAI Moderation v1 (007)
Hate
0.0007864406
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004015103
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002442497
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002298366
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.53546E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
64.924
Magnitude:
62
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
24.015
Magnitude:
62
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.6
Flesch-Kincaid Ease
54.7
Gunning-Fog Score
1.6
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
2.9
Dale-Chall Readability Score
8.1
Sprache Readability Score
1.3
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

Phil Gramm

Madam President, I often find myself having to speak at length in the Chamber when I do not have the votes. On this bill, I am in the happy position that we have the votes. We are going to win. We are going to defeat all of the amendments, because we have a good bill, and we have a very broad base of support. So I have often found that when you have the votes, it is best not to speak at length.
Sentiment
Loughran McDonald (Relative)
0.5
Positive
Loughran McDonald (Absolute)
0.5
Positive
Loughran McDonald (Logit)
0.8473
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
0.936
Very Positive
Moderation
Violence
0.0252005237
OpenAI Moderation v1 (007)
Violence > Graphic
0.0236217325
OpenAI Moderation v1 (007)
Harassment
0.009253162
OpenAI Moderation v1 (007)
Sexual
0.0050106104
OpenAI Moderation v1 (007)
Self-Harm
0.0021558712
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0010039089
OpenAI Moderation v1 (007)
Hate
0.000430422
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002335694
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002261295
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.22721E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.76108E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
80.534
Magnitude:
100
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
5
Flesch-Kincaid Ease
89.1
Gunning-Fog Score
7.6
Coleman-Liau Index
5.8
SMOG Index
6.9
Automated Readability Index
4.2
Dale-Chall Readability Score
2
Sprache Readability Score
3.9
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
15

Phil Gramm

However, as the author of the legislation, I wanted to say just a couple of things. First, I thank Chairman D'Amato for his leadership. I want people to know that without his principal leadership on this bill, we would not be here. He was instrumental in helping us pull the coalition together. He set a time schedule on bringing the bill before the full committee, and I thank him for his leadership.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.94591
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.70805
VADER
0.758
Very Positive
Moderation
Violence
0.323064439
OpenAI Moderation v1 (007)
Harassment
0.0473432156
OpenAI Moderation v1 (007)
Violence > Graphic
0.0240251771
OpenAI Moderation v1 (007)
Harassment > Threatening
0.011219483
OpenAI Moderation v1 (007)
Sexual
0.0048262591
OpenAI Moderation v1 (007)
Hate
0.0014863025
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001332879
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001088037
OpenAI Moderation v1 (007)
Self-Harm
5.24778E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.5621E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.2878E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
95.38
Magnitude:
67
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.6
Flesch-Kincaid Ease
66.5
Gunning-Fog Score
10.8
Coleman-Liau Index
10.3
SMOG Index
11.7
Automated Readability Index
6.6
Dale-Chall Readability Score
4.2
Sprache Readability Score
3.8
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
17

Phil Gramm

I believe this legislation will benefit the country. I think we will create jobs, growth, and opportunity from enactment of the bill, and I think that Chairman D'Amato is due a lion's share of the credit.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.60944
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.19722
VADER
0.923
Very Positive
Moderation
Violence
0.1296124072
OpenAI Moderation v1 (007)
Harassment
0.1288030879
OpenAI Moderation v1 (007)
Violence > Graphic
0.0345909793
OpenAI Moderation v1 (007)
Hate
0.0043331638
OpenAI Moderation v1 (007)
Sexual
0.0020991143
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009607797
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003494047
OpenAI Moderation v1 (007)
Self-Harm
0.0001182343
OpenAI Moderation v1 (007)
Sexual > Minors
3.81723E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.79983E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.02244E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
90.529
Magnitude:
62
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.1
Flesch-Kincaid Ease
61.7
Gunning-Fog Score
11.6
Coleman-Liau Index
10.7
SMOG Index
12
Automated Readability Index
8.8
Dale-Chall Readability Score
5.3
Sprache Readability Score
3.9
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
13

Phil Gramm

I thank Senator Dodd. I don't think anybody in the Senate has a better, more cooperative ranking member than I do as chairman of the Securities Subcommittee. I thank Senator Dodd for his leadership.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.60944
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.19722
VADER
0.844
Very Positive
Moderation
Violence
0.1756420243
OpenAI Moderation v1 (007)
Harassment
0.1583991223
OpenAI Moderation v1 (007)
Violence > Graphic
0.0367360277
OpenAI Moderation v1 (007)
Hate
0.0103011611
OpenAI Moderation v1 (007)
Self-Harm
0.006502631
OpenAI Moderation v1 (007)
Sexual
0.004873224
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0046294368
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0010923904
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002950472
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002600577
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002379127
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.091
Magnitude:
58
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.6
Flesch-Kincaid Ease
53.5
Gunning-Fog Score
8.1
Coleman-Liau Index
11.9
SMOG Index
12
Automated Readability Index
6.4
Dale-Chall Readability Score
5.7
Sprache Readability Score
2.9
Dale-Chall Difficult Word Score
11
Sprache Difficult Word Count
11

Phil Gramm

The bottom line on this bill is that in 1995 we sought to act to deal with the problem of economic piracy through the courts. We had found ourselves in a position where lawsuits were being filed against companies if their stock price went up, if their stock price went down, if their stock price did not change. New, emerging companies were the special targets of these lawsuits. These are the companies that had great technical ideas but did not have a whole bevy of lawyers on their payroll, and they were finding themselves basically being extorted, as people filed lawsuits that often were just boilerplate documents. These suits were so boilerplate that at times the name of the company being sued was confused in the documents filed in the court.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.53846
Very Positive
Harvard-IV (Absolute)
0.53846
Very Positive
Harvard-IV (Logit)
1.09861
VADER
-0.44
Negative
Moderation
Harassment
0.2671638504
OpenAI Moderation v1 (007)
Violence
0.1423750888
OpenAI Moderation v1 (007)
Hate
0.0768423255
OpenAI Moderation v1 (007)
Violence > Graphic
0.0432753994
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0421464967
OpenAI Moderation v1 (007)
Self-Harm
0.0365846819
OpenAI Moderation v1 (007)
Sexual
0.010416624
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0029514336
OpenAI Moderation v1 (007)
Hate > Threatening
0.0016928079
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004386296
OpenAI Moderation v1 (007)
Sexual > Minors
8.32787E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
89.459
Magnitude:
189
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.3
Flesch-Kincaid Ease
60.8
Gunning-Fog Score
15.7
Coleman-Liau Index
11.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
27
Sprache Difficult Word Count
27

Phil Gramm

And so we stepped in to try to do something about it, and we passed a bill called the Private Securities Litigation Reform Act, Public Law 104-67. That legislation basically did five things. No. 1, it said that you had to have a client; that you could not have a lawyer who filed a bunch of motions representing nobody in reality and just collecting a whole bunch of money. The legislation said that there had to be genuine clients, and the client that stood the most to gain could be the lead client and had the privilege to choose the lawyer, and the lawyer had to be accountable to the people who were filing the lawsuit.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.75
Very Positive
Harvard-IV (Absolute)
0.75
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.539
Very Positive
Moderation
Violence
0.1260655001
OpenAI Moderation v1 (007)
Harassment
0.0855134393
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0285041693
OpenAI Moderation v1 (007)
Violence > Graphic
0.0272238947
OpenAI Moderation v1 (007)
Hate
0.0044566434
OpenAI Moderation v1 (007)
Sexual
0.0024184737
OpenAI Moderation v1 (007)
Sexual > Minors
0.0009009827
OpenAI Moderation v1 (007)
Self-Harm
0.0003750399
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002659733
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001650655
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.7597E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.252
Magnitude:
52
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.3
Flesch-Kincaid Ease
63.1
Gunning-Fog Score
13.8
Coleman-Liau Index
8.9
SMOG Index
12
Automated Readability Index
10
Dale-Chall Readability Score
4.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
24
Sprache Difficult Word Count
28

Phil Gramm

You all heard the statement that our chairman quoted, about the bragging of the lead lawyer in this area.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.6763267331
OpenAI Moderation v1 (007)
Harassment > Threatening
0.4451451357
OpenAI Moderation v1 (007)
Violence > Graphic
0.1191474032
OpenAI Moderation v1 (007)
Harassment
0.1075680135
OpenAI Moderation v1 (007)
Hate > Threatening
0.0120581906
OpenAI Moderation v1 (007)
Hate
0.0095369156
OpenAI Moderation v1 (007)
Sexual
0.0051312087
OpenAI Moderation v1 (007)
Self-Harm
0.0032748892
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0017303006
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0014187224
OpenAI Moderation v1 (007)
Sexual > Minors
0.001403236
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
92.375
Magnitude:
63
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.6
Flesch-Kincaid Ease
67.3
Gunning-Fog Score
9.7
Coleman-Liau Index
10.5
SMOG Index
9
Automated Readability Index
9.1
Dale-Chall Readability Score
5.1
Sprache Readability Score
3.5
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
6

Phil Gramm

Are my 3 minutes up?
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.0206536846
OpenAI Moderation v1 (007)
Sexual
0.0106347798
OpenAI Moderation v1 (007)
Harassment
0.0075731958
OpenAI Moderation v1 (007)
Violence > Graphic
0.0074255244
OpenAI Moderation v1 (007)
Harassment > Threatening
0.004739143
OpenAI Moderation v1 (007)
Hate
0.0011028548
OpenAI Moderation v1 (007)
Hate > Threatening
0.0005259843
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002144212
OpenAI Moderation v1 (007)
Self-Harm
0.0001331451
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.42166E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.4076E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
83.801
Magnitude:
41
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0
Flesch-Kincaid Ease
100
Gunning-Fog Score
2
Coleman-Liau Index
0.6
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
0.2
Sprache Readability Score
1.3
Dale-Chall Difficult Word Score
0
Sprache Difficult Word Count
0

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.0187885715
OpenAI Moderation v1 (007)
Harassment
0.0095313975
OpenAI Moderation v1 (007)
Violence > Graphic
0.0092992304
OpenAI Moderation v1 (007)
Hate
0.0016865399
OpenAI Moderation v1 (007)
Sexual
0.0016669406
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0004222519
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001135804
OpenAI Moderation v1 (007)
Hate > Threatening
6.00021E-5
OpenAI Moderation v1 (007)
Self-Harm
2.59723E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.0769E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.278E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7.1
Flesch-Kincaid Ease
51.9
Gunning-Fog Score
1.8
Coleman-Liau Index
12
SMOG Index
10.3
Automated Readability Index
5.9
Dale-Chall Readability Score
5.5
Sprache Readability Score
1.5
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Al D'Amato

I request an additional 2 minutes.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.1061049639
OpenAI Moderation v1 (007)
Harassment
0.0865365611
OpenAI Moderation v1 (007)
Violence > Graphic
0.0187925325
OpenAI Moderation v1 (007)
Sexual
0.0079355377
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0041941526
OpenAI Moderation v1 (007)
Hate
0.0009449764
OpenAI Moderation v1 (007)
Hate > Threatening
0.0005453396
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002176456
OpenAI Moderation v1 (007)
Self-Harm
0.0001035935
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.4863E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.203E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
6.4
Flesch-Kincaid Ease
59.7
Gunning-Fog Score
9.1
Coleman-Liau Index
10.7
SMOG Index
9
Automated Readability Index
2.8
Dale-Chall Readability Score
5.6
Sprache Readability Score
1.5
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0
Neutral
Moderation
Violence
0.0650239643
OpenAI Moderation v1 (007)
Violence > Graphic
0.0180641335
OpenAI Moderation v1 (007)
Hate
0.0073148949
OpenAI Moderation v1 (007)
Harassment
0.0056383131
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0047873193
OpenAI Moderation v1 (007)
Sexual
0.0046765334
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006815241
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004187259
OpenAI Moderation v1 (007)
Self-Harm
0.0001652368
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.96353E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.2995E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
8.5
Flesch-Kincaid Ease
42.5
Gunning-Fog Score
6.2
Coleman-Liau Index
12
SMOG Index
10.3
Automated Readability Index
5.9
Dale-Chall Readability Score
5.5
Sprache Readability Score
1.5
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Phil Gramm

So we required that you have real people filing a real lawsuit. We also required that if you are going to file a lawsuit, you have to say specifically what the company did wrong. We further established a procedure whereby you did not have to go through this lengthy and expensive discovery process while the court was considering whether there was even enough merit in the case to proceed further with it. We also eliminated the ability to go after the people that had deep pockets, even though they had no real, substantive liability. Finally, where it was clear that the lawsuit was frivolous, we gave the judge the responsibility to require that the people who filed the lawsuit paid the legal expenses of those who found themselves pulled into court.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.14286
Leans Positive
Harvard-IV (Absolute)
0.14286
Leans Positive
Harvard-IV (Logit)
0.26826
VADER
-0.542
Very Negative
Moderation
Violence
0.0804765907
OpenAI Moderation v1 (007)
Violence > Graphic
0.0446529419
OpenAI Moderation v1 (007)
Hate
0.0350669696
OpenAI Moderation v1 (007)
Harassment
0.0346169254
OpenAI Moderation v1 (007)
Sexual
0.0259732624
OpenAI Moderation v1 (007)
Sexual > Minors
0.0228827616
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0079506193
OpenAI Moderation v1 (007)
Self-Harm
0.0017247981
OpenAI Moderation v1 (007)
Hate > Threatening
0.0011892123
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.56966E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.09569E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
46.6
Gunning-Fog Score
15.4
Coleman-Liau Index
11.8
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
31
Sprache Difficult Word Count
35

Phil Gramm

It was a good bill, and it is beginning to have an impact. Our problem is that in trying to circumvent it, the same people filing the same lawsuits started to move into State court. So we have written a bill that tries to set uniform national standards. It applies only to class-action suits. It applies only to stocks that are traded nationally.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.2
Slightly Negative
Harvard-IV (Absolute)
-0.2
Slightly Negative
Harvard-IV (Logit)
-0.33647
VADER
-0.103
Leans Negative
Moderation
Violence > Graphic
0.0744393794
OpenAI Moderation v1 (007)
Violence
0.0431200111
OpenAI Moderation v1 (007)
Sexual
0.0130389279
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0092764065
OpenAI Moderation v1 (007)
Harassment
0.0060324517
OpenAI Moderation v1 (007)
Hate
0.0029307428
OpenAI Moderation v1 (007)
Self-Harm
0.0008292732
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007211816
OpenAI Moderation v1 (007)
Hate > Threatening
5.15117E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.58085E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.1319E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
6
Flesch-Kincaid Ease
74.9
Gunning-Fog Score
8.2
Coleman-Liau Index
9.6
SMOG Index
9
Automated Readability Index
5.3
Dale-Chall Readability Score
4.3
Sprache Readability Score
3.9
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
21

Phil Gramm

It is eminently reasonable. It is clearly within the purview of the interstate commerce clause of the Constitution. This is a bill that needs to be passed. I thank everybody who has been involved in it for their leadership.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.33647
VADER
0.637
Very Positive
Moderation
Violence
0.4624258727
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1802861691
OpenAI Moderation v1 (007)
Violence > Graphic
0.1427570707
OpenAI Moderation v1 (007)
Sexual
0.0195652872
OpenAI Moderation v1 (007)
Harassment
0.0194166307
OpenAI Moderation v1 (007)
Hate
0.0094771181
OpenAI Moderation v1 (007)
Self-Harm
0.0033284654
OpenAI Moderation v1 (007)
Hate > Threatening
0.0020735239
OpenAI Moderation v1 (007)
Sexual > Minors
0.0011975429
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.13361E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.01689E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
6.7
Flesch-Kincaid Ease
64.6
Gunning-Fog Score
9
Coleman-Liau Index
11.5
SMOG Index
10.3
Automated Readability Index
5.3
Dale-Chall Readability Score
5.3
Sprache Readability Score
3
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
14

Phil Gramm

We will have a series of amendments. We voted on every one of them in committee. Every one of these amendments is aimed at killing the bill by undercutting the basic premise of the bill, which is when you are dealing with nationally traded securities, you need national standards. So I hope our colleagues will join us in the process of defeating these amendments and approving the bill.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.4
Somewhat Positive
Harvard-IV (Absolute)
0.4
Somewhat Positive
Harvard-IV (Logit)
0.76214
VADER
-0.112
Leans Negative
Moderation
Violence
0.0084422041
OpenAI Moderation v1 (007)
Violence > Graphic
0.0069490685
OpenAI Moderation v1 (007)
Sexual
0.0008876847
OpenAI Moderation v1 (007)
Harassment
0.0003548684
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0001760847
OpenAI Moderation v1 (007)
Self-Harm
7.3761E-5
OpenAI Moderation v1 (007)
Sexual > Minors
4.06416E-5
OpenAI Moderation v1 (007)
Hate
8.675E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.5889E-6
OpenAI Moderation v1 (007)
Hate > Threatening
2.0878E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.031E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9.4
Flesch-Kincaid Ease
57.7
Gunning-Fog Score
14.4
Coleman-Liau Index
11.4
SMOG Index
12
Automated Readability Index
8.8
Dale-Chall Readability Score
6
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
21

Phil Gramm

I thank the Chair.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.361
Somewhat Positive
Moderation
Violence > Graphic
0.0725502323
OpenAI Moderation v1 (007)
Violence
0.0547252886
OpenAI Moderation v1 (007)
Harassment
0.0087575536
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009099208
OpenAI Moderation v1 (007)
Sexual
0.0006296342
OpenAI Moderation v1 (007)
Hate
0.0005236235
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004396938
OpenAI Moderation v1 (007)
Self-Harm
3.53493E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.34487E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.6787E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.938E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
0
Flesch-Kincaid Ease
100
Gunning-Fog Score
1.6
Coleman-Liau Index
4.7
SMOG Index
3.3
Automated Readability Index
0
Dale-Chall Readability Score
0.2
Sprache Readability Score
1.1
Dale-Chall Difficult Word Score
0
Sprache Difficult Word Count
0

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence > Graphic
0.0061477353
OpenAI Moderation v1 (007)
Sexual
0.0052158623
OpenAI Moderation v1 (007)
Violence
0.0032353728
OpenAI Moderation v1 (007)
Harassment
0.0008755008
OpenAI Moderation v1 (007)
Sexual > Minors
0.0008346573
OpenAI Moderation v1 (007)
Hate
0.0006585193
OpenAI Moderation v1 (007)
Self-Harm
7.58306E-5
OpenAI Moderation v1 (007)
Harassment > Threatening
1.26669E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.7451E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.5832E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.026E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
86.349
Magnitude:
29
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
23.7
Gunning-Fog Score
6.2
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.1
Dale-Chall Readability Score
7.2
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
5

Russ Feingold

I thank the Chair. I thank the manager, the Senator from New York.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.612
Very Positive
Moderation
Harassment
0.1072276151
OpenAI Moderation v1 (007)
Violence > Graphic
0.0275258644
OpenAI Moderation v1 (007)
Hate
0.0252782746
OpenAI Moderation v1 (007)
Violence
0.024736466
OpenAI Moderation v1 (007)
Sexual
0.0045694305
OpenAI Moderation v1 (007)
Self-Harm
0.0030454068
OpenAI Moderation v1 (007)
Sexual > Minors
0.001329008
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0009114537
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001829842
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001058102
OpenAI Moderation v1 (007)
Hate > Threatening
3.09709E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
81.645
Magnitude:
118
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
2.4
Flesch-Kincaid Ease
89.6
Gunning-Fog Score
5.7
Coleman-Liau Index
7.3
SMOG Index
9
Automated Readability Index
0.3
Dale-Chall Readability Score
2.8
Sprache Readability Score
1.7
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
3

Russ Feingold

At this point I send an amendment to the desk.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence
0.0214026688
OpenAI Moderation v1 (007)
Violence > Graphic
0.0094219627
OpenAI Moderation v1 (007)
Sexual
0.002504889
OpenAI Moderation v1 (007)
Hate
0.0008214485
OpenAI Moderation v1 (007)
Harassment
0.0006760115
OpenAI Moderation v1 (007)
Harassment > Threatening
7.16532E-5
OpenAI Moderation v1 (007)
Sexual > Minors
7.13166E-5
OpenAI Moderation v1 (007)
Self-Harm
5.01843E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.24447E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.5286E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.37E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
93.561
Magnitude:
82
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
2.5
Flesch-Kincaid Ease
95.2
Gunning-Fog Score
8
Coleman-Liau Index
5.4
SMOG Index
9
Automated Readability Index
0.5
Dale-Chall Readability Score
2.1
Sprache Readability Score
2
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
1

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence > Graphic
0.0447820581
OpenAI Moderation v1 (007)
Violence
0.0296803133
OpenAI Moderation v1 (007)
Sexual
0.0069611138
OpenAI Moderation v1 (007)
Harassment
0.0062648935
OpenAI Moderation v1 (007)
Hate
0.0046201752
OpenAI Moderation v1 (007)
Self-Harm
0.0014156921
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0010347848
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001149768
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.08945E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.05376E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.9692E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
93.573
Magnitude:
164
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.1
Flesch-Kincaid Ease
51.9
Gunning-Fog Score
6.2
Coleman-Liau Index
12
SMOG Index
10.3
Automated Readability Index
6.5
Dale-Chall Readability Score
3.7
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
5

Russ Feingold

Mr. President, I ask unanimous consent that reading of the amendment be dispensed with.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.226
Slightly Positive
Moderation
Sexual
0.0152684894
OpenAI Moderation v1 (007)
Violence > Graphic
0.0127867403
OpenAI Moderation v1 (007)
Violence
0.0100471698
OpenAI Moderation v1 (007)
Harassment
0.0028345092
OpenAI Moderation v1 (007)
Hate
0.000639702
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002573274
OpenAI Moderation v1 (007)
Self-Harm
8.18366E-5
OpenAI Moderation v1 (007)
Harassment > Threatening
7.55581E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.18254E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.04665E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.4195E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
50.789
Magnitude:
77
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
39.556
Magnitude:
77
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.5
Flesch-Kincaid Ease
60.7
Gunning-Fog Score
8.5
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
6
Dale-Chall Readability Score
7.1
Sprache Readability Score
2.1
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
7

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0
Neutral
Moderation
Violence
0.0346003304
OpenAI Moderation v1 (007)
Harassment
0.0137022638
OpenAI Moderation v1 (007)
Sexual
0.0094024421
OpenAI Moderation v1 (007)
Violence > Graphic
0.0050589835
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0004340209
OpenAI Moderation v1 (007)
Hate
0.0002279658
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002255576
OpenAI Moderation v1 (007)
Self-Harm
4.04479E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.1395E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.647E-7
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.27E-8
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
8.5
Flesch-Kincaid Ease
42.5
Gunning-Fog Score
6.2
Coleman-Liau Index
12
SMOG Index
10.3
Automated Readability Index
5.9
Dale-Chall Readability Score
5.5
Sprache Readability Score
1.5
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Russ Feingold

Madam President, I rise today to offer an amendment, which is actually a bill I have worked on for some time, the Civil Rights Procedures Protection Act, S. 63, a measure cosponsored by Senators Kennedy, Leahy, and Torricelli.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.56495
VADER
0
Neutral
Moderation
Violence
0.0819964102
OpenAI Moderation v1 (007)
Violence > Graphic
0.0408153835
OpenAI Moderation v1 (007)
Harassment
0.0062249754
OpenAI Moderation v1 (007)
Sexual
0.001118753
OpenAI Moderation v1 (007)
Hate
0.0005992095
OpenAI Moderation v1 (007)
Harassment > Threatening
0.000206749
OpenAI Moderation v1 (007)
Self-Harm
0.0001872778
OpenAI Moderation v1 (007)
Sexual > Minors
4.28738E-5
OpenAI Moderation v1 (007)
Hate > Threatening
8.4446E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.6866E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.959E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
49.5
Gunning-Fog Score
10.8
Coleman-Liau Index
11.8
SMOG Index
12
Automated Readability Index
10.1
Dale-Chall Readability Score
6.3
Sprache Readability Score
4.3
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
16

Russ Feingold

What this legislation does is address the rapidly growing and troubling practice of employers conditioning employment or professional advancement upon their employees' willingness to submit claims of discrimination or harassment to arbitration, mandatory arbitration, rather than still having the right to pursue their claims in the courts. In other words, in too many cases employers are forcing their employees to ex ante agree to submit their civil rights claims to mandatory binding arbitration irrespective of what other remedies may exist under the laws of this Nation.
Sentiment
Loughran McDonald (Relative)
-0.71429
Very Negative
Loughran McDonald (Absolute)
-0.71429
Very Negative
Loughran McDonald (Logit)
-1.46634
Harvard-IV (Relative)
0.42857
Positive
Harvard-IV (Absolute)
0.42857
Positive
Harvard-IV (Logit)
0.8473
VADER
-0.273
Slightly Negative
Moderation
Violence
0.0909428985
OpenAI Moderation v1 (007)
Harassment
0.0720504962
OpenAI Moderation v1 (007)
Violence > Graphic
0.0321062282
OpenAI Moderation v1 (007)
Sexual
0.0141153359
OpenAI Moderation v1 (007)
Hate
0.0096592565
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0060037117
OpenAI Moderation v1 (007)
Self-Harm
0.0014130322
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001622221
OpenAI Moderation v1 (007)
Hate > Threatening
7.49694E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.70638E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.69247E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
66.892
Magnitude:
24
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
5.8
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
36
Sprache Difficult Word Count
34

Russ Feingold

So to address this growing trend of mandatory binding arbitration, this measure, the Civil Rights Procedures Protection Act, amends seven civil rights statutes to guarantee that a civil rights plaintiff can still seek the protection of the U.S. courts. The measure ensures that an employer cannot use his or her superior bargaining power to coerce her or his employees to, in effect, capitulate to an agreement which diminishes their civil rights protection.
Sentiment
Loughran McDonald (Relative)
-0.2
Slightly Negative
Loughran McDonald (Absolute)
-0.2
Slightly Negative
Loughran McDonald (Logit)
-0.33647
Harvard-IV (Relative)
0.75
Very Positive
Harvard-IV (Absolute)
0.75
Very Positive
Harvard-IV (Logit)
1.81529
VADER
0.84
Very Positive
Moderation
Violence > Graphic
0.0204932236
OpenAI Moderation v1 (007)
Violence
0.0072643998
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0053316144
OpenAI Moderation v1 (007)
Harassment
0.0051051207
OpenAI Moderation v1 (007)
Self-Harm
0.003926118
OpenAI Moderation v1 (007)
Sexual
0.0014540164
OpenAI Moderation v1 (007)
Hate
0.0007475985
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0004520356
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003690656
OpenAI Moderation v1 (007)
Hate > Threatening
5.86593E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.05581E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
93.887
Magnitude:
78
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.6
Flesch-Kincaid Ease
44.6
Gunning-Fog Score
13.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
28

Russ Feingold

To be specific, this legislation affects civil rights claims brought under title VII of the Civil Rights Act of 1964, section 505 of the Rehabilitation Act of 1973, the Americans With Disabilities Act, section 1977 of the revised statutes, the Equal Pay Act, the Family and Medical Leave Act, and the Federal Arbitration Act. In the context of the Federal Arbitration Act, the protections in this legislation are extended to claims of unlawful discrimination arising under State or local law, and other Federal laws that prohibit job discrimination.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
0.375
Somewhat Positive
Harvard-IV (Absolute)
0.375
Somewhat Positive
Harvard-IV (Logit)
0.7376
VADER
-0.153
Leans Negative
Moderation
Violence > Graphic
0.1031758147
OpenAI Moderation v1 (007)
Violence
0.0604748609
OpenAI Moderation v1 (007)
Harassment
0.0417696632
OpenAI Moderation v1 (007)
Self-Harm
0.0088776578
OpenAI Moderation v1 (007)
Sexual
0.0080186888
OpenAI Moderation v1 (007)
Hate
0.0060889004
OpenAI Moderation v1 (007)
Harassment > Threatening
0.003875246
OpenAI Moderation v1 (007)
Sexual > Minors
0.0016994949
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0011042997
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001372693
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.68706E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
90.577
Magnitude:
63
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
13.2
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
31
Sprache Difficult Word Count
27

Russ Feingold

Madam President, I want to be clear, because it is important that we promote voluntary arbitration in this country, that this is in no way intended to hinder or discourage or bar the use of arbitration on conciliation or mediation or any other form of alternative dispute resolution short of litigation resolving those claims. I think it is tremendous that we try to encourage people to voluntarily avoid litigation.
Sentiment
Loughran McDonald (Relative)
-0.45455
Negative
Loughran McDonald (Absolute)
-0.45455
Negative
Loughran McDonald (Logit)
-0.8873
Harvard-IV (Relative)
0.29412
Slightly Positive
Harvard-IV (Absolute)
0.29412
Slightly Positive
Harvard-IV (Logit)
0.57054
VADER
0.178
Leans Positive
Moderation
Violence
0.2624783199
OpenAI Moderation v1 (007)
Harassment
0.1119521097
OpenAI Moderation v1 (007)
Violence > Graphic
0.1049587619
OpenAI Moderation v1 (007)
Hate
0.0241253729
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0151751461
OpenAI Moderation v1 (007)
Self-Harm
0.002799241
OpenAI Moderation v1 (007)
Sexual
0.0013260176
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003478802
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001548904
OpenAI Moderation v1 (007)
Sexual > Minors
7.74825E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.06755E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
87.114
Magnitude:
53
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
19.8
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
23

Russ Feingold

I have long been a strong proponent of voluntary forms of alternative dispute resolution. The key, however, is that, in those cases that I can support alternative dispute resolution, it is truly voluntary. That is not what we are talking about here. What is happening here is that these agreements to go to arbitration are mandatory, they are imposed upon working men and women, and they are required prior to employment or prior to a promotion.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.4
Somewhat Positive
Harvard-IV (Absolute)
0.4
Somewhat Positive
Harvard-IV (Logit)
0.76214
VADER
0.681
Very Positive
Moderation
Harassment
0.0215948166
OpenAI Moderation v1 (007)
Violence
0.0056566023
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0046139314
OpenAI Moderation v1 (007)
Hate
0.0042333151
OpenAI Moderation v1 (007)
Sexual
0.0018468025
OpenAI Moderation v1 (007)
Violence > Graphic
0.0017846483
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003783769
OpenAI Moderation v1 (007)
Self-Harm
0.0001410323
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.13902E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.25962E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.2803E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
60.664
Magnitude:
52
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.5
Flesch-Kincaid Ease
46.2
Gunning-Fog Score
15.5
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
10.4
Dale-Chall Readability Score
5.5
Sprache Readability Score
4.6
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
20

Russ Feingold

Mandatory binding arbitration allows employers to tell all current and prospective employees, in effect, if you want to work for us, you will have to check your rights as a working American citizen at the door. Indeed, these requirements have been referred to recently as front-door contracts; that is, employers require that employees surrender certain rights right up front in order to get in the front door. Working men and women all across the country are faced with a very dubious choice, then, of either accepting these mandatory limitations of their right to redress in the face of discrimination or harassment, or being placed at risk of losing an employment opportunity or professional advancement.
Sentiment
Loughran McDonald (Relative)
-0.25
Slightly Negative
Loughran McDonald (Absolute)
-0.25
Slightly Negative
Loughran McDonald (Logit)
-0.45199
Harvard-IV (Relative)
0.1
Neutral
Harvard-IV (Absolute)
0.1
Neutral
Harvard-IV (Logit)
0.19106
VADER
-0.374
Somewhat Negative
Moderation
Violence > Graphic
0.0392836228
OpenAI Moderation v1 (007)
Harassment
0.0196406676
OpenAI Moderation v1 (007)
Violence
0.0116400617
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0035627425
OpenAI Moderation v1 (007)
Hate
0.0027480735
OpenAI Moderation v1 (007)
Sexual
0.0006190373
OpenAI Moderation v1 (007)
Self-Harm
0.0005247423
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003751987
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001797471
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001416455
OpenAI Moderation v1 (007)
Hate > Threatening
2.69959E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
93.607
Magnitude:
71
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
28.2
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
36
Sprache Difficult Word Count
36

Russ Feingold

As a nation that values work and deplores discrimination, I don't think we can allow this situation to continue. The way I like to describe it is, what this expects a person to do is to sign an agreement that they will not go to court even before they feel the sting of discrimination. They have to sign this deal before they even sit down to their desk and do their first work for an employer.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.11111
Leans Positive
Harvard-IV (Absolute)
0.11111
Leans Positive
Harvard-IV (Logit)
0.20067
VADER
0.852
Very Positive
Moderation
Harassment
1.5054473653
OpenAI Moderation v1 (007)
Violence > Graphic
0.0233052269
OpenAI Moderation v1 (007)
Hate
0.0206291035
OpenAI Moderation v1 (007)
Violence
0.0187141224
OpenAI Moderation v1 (007)
Sexual
0.0116659525
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0107952757
OpenAI Moderation v1 (007)
Self-Harm
0.0064611362
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004144337
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003164998
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002122411
OpenAI Moderation v1 (007)
Hate > Threatening
4.42595E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
90.923
Magnitude:
110
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.4
Flesch-Kincaid Ease
65.4
Gunning-Fog Score
13.3
Coleman-Liau Index
8.4
SMOG Index
11.3
Automated Readability Index
10.6
Dale-Chall Readability Score
2.9
Sprache Readability Score
4.8
Dale-Chall Difficult Word Score
8
Sprache Difficult Word Count
13

Russ Feingold

So, in conclusion, allow me to stress that this practice of mandatory binding arbitration should be stopped now. If people believe they are being discriminated against or sexually harassed, they should continue to retain all avenues of redress provided for by the laws of this Nation. This amendment will help restore integrity and balance in relations between hard-working employees and their employers. But I think more important, this amendment will ensure that the civil rights laws this Congress passes will continue to protect all Americans.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.58779
Harvard-IV (Relative)
0.66667
Very Positive
Harvard-IV (Absolute)
0.66667
Very Positive
Harvard-IV (Logit)
1.48808
VADER
0.794
Very Positive
Moderation
Violence > Graphic
0.0115625902
OpenAI Moderation v1 (007)
Harassment
0.0078426739
OpenAI Moderation v1 (007)
Violence
0.005013153
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0021461479
OpenAI Moderation v1 (007)
Hate
0.0013006768
OpenAI Moderation v1 (007)
Sexual
0.0010438021
OpenAI Moderation v1 (007)
Self-Harm
0.0002651345
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001214909
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001184699
OpenAI Moderation v1 (007)
Hate > Threatening
1.7027E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.7612E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.248
Magnitude:
46
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
42.4
Gunning-Fog Score
16
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
29

Russ Feingold

I urge my colleagues to support this amendment.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.60944
VADER
0.402
Positive
Moderation
Harassment
0.0056357108
OpenAI Moderation v1 (007)
Violence
0.0046095516
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0039419458
OpenAI Moderation v1 (007)
Violence > Graphic
0.0033247947
OpenAI Moderation v1 (007)
Hate
0.0009377584
OpenAI Moderation v1 (007)
Sexual
0.0002467909
OpenAI Moderation v1 (007)
Self-Harm
0.0002406208
OpenAI Moderation v1 (007)
Sexual > Minors
6.80373E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.84398E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.054E-6
OpenAI Moderation v1 (007)
Hate > Threatening
1.7598E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
61.404
Magnitude:
93
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.2
Flesch-Kincaid Ease
50.7
Gunning-Fog Score
13.2
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
5.5
Dale-Chall Readability Score
8.3
Sprache Readability Score
2
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
4

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.1732584089
OpenAI Moderation v1 (007)
Violence
0.0419368531
OpenAI Moderation v1 (007)
Violence > Graphic
0.0195374916
OpenAI Moderation v1 (007)
Hate
0.0108411194
OpenAI Moderation v1 (007)
Harassment > Threatening
0.004473134
OpenAI Moderation v1 (007)
Self-Harm
0.0024097255
OpenAI Moderation v1 (007)
Sexual
0.0023426883
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0006640101
OpenAI Moderation v1 (007)
Hate > Threatening
0.0005171704
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002190562
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.000158933
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
65.087
Magnitude:
62
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
25.717
Magnitude:
62
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.6
Flesch-Kincaid Ease
54.7
Gunning-Fog Score
1.6
Coleman-Liau Index
12
SMOG Index
10.3
Automated Readability Index
4.1
Dale-Chall Readability Score
6.1
Sprache Readability Score
1.5
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Al D'Amato

Madam President, I commend the Senator from Wisconsin for coming forth with this proposal. It is an amendment that he has been working on, for quite a period of time. As a matter of fact, it has been referred to the Judiciary Committee.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
0.459
Positive
Moderation
Harassment
0.0373140356
OpenAI Moderation v1 (007)
Violence > Graphic
0.010174833
OpenAI Moderation v1 (007)
Hate
0.0031537893
OpenAI Moderation v1 (007)
Violence
0.0021405369
OpenAI Moderation v1 (007)
Self-Harm
0.0007786115
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0004193637
OpenAI Moderation v1 (007)
Sexual
0.0003093032
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002058055
OpenAI Moderation v1 (007)
Harassment > Threatening
9.12505E-5
OpenAI Moderation v1 (007)
Sexual > Minors
1.27468E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.5588E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
74.68
Magnitude:
20
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.1
Flesch-Kincaid Ease
62.4
Gunning-Fog Score
8.5
Coleman-Liau Index
9.9
SMOG Index
12
Automated Readability Index
6.3
Dale-Chall Readability Score
5.1
Sprache Readability Score
3.5
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
13

Al D'Amato

Having said that, I think at the very least it should have, and requires, a thorough hearing. It is important, and it is important we understand the nuances. It is important that we get the case-by-case documentation as relates to those people who have suffered as a result of this area of the law. It is an area of great concern in terms of whether or not a person has to sign an agreement -- and they do now -- prior to employment, that they give away or they agree that all matters will be settled by way of arbitration.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
0.53846
Very Positive
Harvard-IV (Absolute)
0.53846
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.878
Very Positive
Moderation
Violence
0.0257449603
OpenAI Moderation v1 (007)
Sexual
0.0123376449
OpenAI Moderation v1 (007)
Sexual > Minors
0.0047452395
OpenAI Moderation v1 (007)
Harassment
0.0044988785
OpenAI Moderation v1 (007)
Violence > Graphic
0.0038046863
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0025781334
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003911672
OpenAI Moderation v1 (007)
Self-Harm
0.0003297574
OpenAI Moderation v1 (007)
Hate
0.0002247541
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001128171
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.0386E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
10.7
Flesch-Kincaid Ease
63
Gunning-Fog Score
13.6
Coleman-Liau Index
8.3
SMOG Index
11.8
Automated Readability Index
10.3
Dale-Chall Readability Score
3.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
21

Al D'Amato

Maybe it should not be "all matters." Maybe there are certain matters that no one should ever be required to forfeit. I think we should look at that, because I think there are some very real questions. If there is a question of sexual harassment, do you mean to tell me that a person in that case should have to give up his or her right to bring a claim and that it will be settled in camera, behind the scenes, by way of arbitration? And there may be other areas where, indeed, the arbitration procedure should be the methodology of resolving a dispute.
Sentiment
Loughran McDonald (Relative)
-0.71429
Very Negative
Loughran McDonald (Absolute)
-0.71429
Very Negative
Loughran McDonald (Logit)
-1.46634
Harvard-IV (Relative)
0.16667
Leans Positive
Harvard-IV (Absolute)
0.16667
Leans Positive
Harvard-IV (Logit)
0.31015
VADER
-0.562
Very Negative
Moderation
Violence
0.0279095926
OpenAI Moderation v1 (007)
Sexual
0.0194611319
OpenAI Moderation v1 (007)
Harassment
0.0087528286
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0044316304
OpenAI Moderation v1 (007)
Violence > Graphic
0.0031667572
OpenAI Moderation v1 (007)
Sexual > Minors
0.0014026125
OpenAI Moderation v1 (007)
Self-Harm
0.0003992936
OpenAI Moderation v1 (007)
Hate
0.0003478308
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002668384
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001648717
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.1984E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9
Flesch-Kincaid Ease
67.8
Gunning-Fog Score
11.8
Coleman-Liau Index
9
SMOG Index
10.9
Automated Readability Index
8.8
Dale-Chall Readability Score
3.3
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
15

Al D'Amato

But I believe the Senator is correct, that there are some areas that really call into question whether or not a person must sign this agreement, otherwise he or she doesn't get the job. They just never get the job. They never get the promotion. So what do you think they are going to do? Of course they are going to sign. So this is serious.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.14286
Leans Negative
Harvard-IV (Absolute)
-0.14286
Leans Negative
Harvard-IV (Logit)
-0.25131
VADER
0
Neutral
Moderation
Violence > Graphic
0.0191763058
OpenAI Moderation v1 (007)
Violence
0.0154576803
OpenAI Moderation v1 (007)
Harassment
0.0041894156
OpenAI Moderation v1 (007)
Sexual > Minors
0.0040998402
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0033827495
OpenAI Moderation v1 (007)
Sexual
0.0027290895
OpenAI Moderation v1 (007)
Hate
0.0004217477
OpenAI Moderation v1 (007)
Self-Harm
0.0002586893
OpenAI Moderation v1 (007)
Hate > Threatening
0.000102953
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.00627E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.61899E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.747
Magnitude:
30
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
4.3
Flesch-Kincaid Ease
84.2
Gunning-Fog Score
7.4
Coleman-Liau Index
8
SMOG Index
9
Automated Readability Index
3.1
Dale-Chall Readability Score
2
Sprache Readability Score
3
Dale-Chall Difficult Word Score
6
Sprache Difficult Word Count
12

Al D'Amato

I believe we have an obligation to have a thorough, thoughtful analysis, and, indeed, the Judiciary Committee may want to look at certain aspects. But I believe since, indeed, the financial services community, the banking community, the securities community has to deal with this day in and day out, the proper jurisdiction does lie before the Banking Committee.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.22378
VADER
0.735
Very Positive
Moderation
Harassment
0.0520476315
OpenAI Moderation v1 (007)
Sexual
0.0273345067
OpenAI Moderation v1 (007)
Hate
0.0186211211
OpenAI Moderation v1 (007)
Violence
0.0049413546
OpenAI Moderation v1 (007)
Violence > Graphic
0.0011330624
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0008009962
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007282469
OpenAI Moderation v1 (007)
Self-Harm
0.0004605843
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.11403E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.36602E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.66119E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
27.2
Gunning-Fog Score
17.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
16

Al D'Amato

With that in mind, I have indicated to the Senator that, before we leave, during the month of July or prior, it will be my intent to hold at least a full hearing, where witnesses to both sides, including the Securities and Exchange Commission -- which I understand is studying this matter very carefully -- will appear so we could have the benefit of their review, of their testimony, of people who have written and people who have been involved in this, those who have been aggrieved as well as those who can testify to the merits of certain aspects of having arbitration in some limited cases.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.46667
Positive
Harvard-IV (Absolute)
0.46667
Positive
Harvard-IV (Logit)
0.93827
VADER
0.868
Very Positive
Moderation
Sexual
0.024510012
OpenAI Moderation v1 (007)
Violence
0.0206245197
OpenAI Moderation v1 (007)
Hate
0.0121763573
OpenAI Moderation v1 (007)
Harassment
0.0115537194
OpenAI Moderation v1 (007)
Violence > Graphic
0.0068324087
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0053743504
OpenAI Moderation v1 (007)
Hate > Threatening
0.0020910005
OpenAI Moderation v1 (007)
Sexual > Minors
0.0019017942
OpenAI Moderation v1 (007)
Self-Harm
0.0002646346
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.03796E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.0895E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
69.651
Magnitude:
6
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
0
Gunning-Fog Score
19
Coleman-Liau Index
10.8
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
26

Al D'Amato

But I must say for the record, I believe the Senator has touched on something that is very important and I would not like to move to table at this time. I think it would be unfair to the importance of this legislation.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.8473
VADER
0.006
Neutral
Moderation
Sexual
0.1328009064
OpenAI Moderation v1 (007)
Harassment
0.0975207309
OpenAI Moderation v1 (007)
Hate
0.0887114555
OpenAI Moderation v1 (007)
Violence
0.0149697604
OpenAI Moderation v1 (007)
Sexual > Minors
0.0058204001
OpenAI Moderation v1 (007)
Violence > Graphic
0.0034368339
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007209429
OpenAI Moderation v1 (007)
Self-Harm
0.0002650056
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.89543E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.86647E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.81888E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9
Flesch-Kincaid Ease
68.9
Gunning-Fog Score
12.3
Coleman-Liau Index
7.9
SMOG Index
12
Automated Readability Index
8.3
Dale-Chall Readability Score
2.5
Sprache Readability Score
3.8
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
6

Al D'Amato

With that in view, I have indicated to the Senator that I will call these hearings, so we can fully explore this and then bring it to this floor as legislation that has had the benefit of the totality of the input from the SEC, from our staffs, after listening and hearing and getting the kind of in-depth review that I know that not only I feel should take place, but that most of the members of my committee would support.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
0.42857
Positive
Harvard-IV (Absolute)
0.42857
Positive
Harvard-IV (Logit)
0.78846
VADER
0.676
Very Positive
Moderation
Violence
0.156068569
OpenAI Moderation v1 (007)
Harassment
0.1478449791
OpenAI Moderation v1 (007)
Violence > Graphic
0.0910244242
OpenAI Moderation v1 (007)
Harassment > Threatening
0.017578261
OpenAI Moderation v1 (007)
Self-Harm
0.0090389534
OpenAI Moderation v1 (007)
Hate
0.0072272742
OpenAI Moderation v1 (007)
Sexual
0.0022993656
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0009874499
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003762888
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003506411
OpenAI Moderation v1 (007)
Sexual > Minors
0.000172387
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
98.028
Magnitude:
41
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
10.1
Gunning-Fog Score
19
Coleman-Liau Index
8.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
19

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
1.2922157533
OpenAI Moderation v1 (007)
Hate
0.1281296951
OpenAI Moderation v1 (007)
Violence > Graphic
0.0194358014
OpenAI Moderation v1 (007)
Violence
0.010988977
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0033783519
OpenAI Moderation v1 (007)
Sexual
0.0022803844
OpenAI Moderation v1 (007)
Self-Harm
0.0011617763
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0003062974
OpenAI Moderation v1 (007)
Hate > Threatening
6.60174E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.46931E-5
OpenAI Moderation v1 (007)
Sexual > Minors
5.84183E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
47.169
Magnitude:
91
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
41.808
Magnitude:
91
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
22
Gunning-Fog Score
1.4
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
8.6
Dale-Chall Readability Score
6.9
Sprache Readability Score
1.4
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Russ Feingold

Madam President, I thank the Senator from New York who, I think, has given a very sympathetic listen to what we are trying to accomplish here. This issue, in fact, emanates in large part originally from his State and from some of the practices in his State that are now becoming nationwide.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
0.66667
Very Positive
Harvard-IV (Absolute)
0.66667
Very Positive
Harvard-IV (Logit)
1.29928
VADER
0.834
Very Positive
Moderation
Violence > Graphic
0.0082851926
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0044428012
OpenAI Moderation v1 (007)
Violence
0.0043355245
OpenAI Moderation v1 (007)
Harassment
0.0034358578
OpenAI Moderation v1 (007)
Self-Harm
0.0024130508
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0017049784
OpenAI Moderation v1 (007)
Sexual
0.0011556566
OpenAI Moderation v1 (007)
Hate
0.0009590787
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003153958
OpenAI Moderation v1 (007)
Hate > Threatening
5.25441E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.88149E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
79.288
Magnitude:
130
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
53.5
Gunning-Fog Score
15.8
Coleman-Liau Index
10.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
14

Russ Feingold

I think he has shown here, in his comments, already a keen understanding of what is involved here. Even though this issue has not been presented formally to his committee, he clearly understands that what is being requested of some of these individuals is simply unreasonable in light of American traditions of protection from discrimination and sexual harassment.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.36772
VADER
0.178
Leans Positive
Moderation
Violence
0.0546935538
OpenAI Moderation v1 (007)
Harassment
0.0164805169
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0158385912
OpenAI Moderation v1 (007)
Violence > Graphic
0.0105511135
OpenAI Moderation v1 (007)
Self-Harm
0.0013403015
OpenAI Moderation v1 (007)
Sexual
0.0010296807
OpenAI Moderation v1 (007)
Hate
0.0009560123
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000174196
OpenAI Moderation v1 (007)
Sexual > Minors
7.21488E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.44515E-5
OpenAI Moderation v1 (007)
Hate > Threatening
6.865E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
64.4
Magnitude:
47
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
27.2
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
19
Sprache Difficult Word Count
22

Russ Feingold

So, even though I think this bill is a very appropriate vehicle to offer this amendment, I am grateful the chairman of the Banking Committee has agreed to hold a hearing in which he will be personally involved, in which I will have the opportunity to testify, prior to the end of July, on this bill.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.6
Very Positive
Harvard-IV (Absolute)
0.6
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.785
Very Positive
Moderation
Sexual
0.0081012513
OpenAI Moderation v1 (007)
Violence
0.0078051024
OpenAI Moderation v1 (007)
Harassment
0.0060729188
OpenAI Moderation v1 (007)
Hate
0.0019463327
OpenAI Moderation v1 (007)
Violence > Graphic
0.0017462011
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0016974849
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002043999
OpenAI Moderation v1 (007)
Hate > Threatening
5.85235E-5
OpenAI Moderation v1 (007)
Self-Harm
1.60627E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.4378E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.9692E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
36.07
Magnitude:
11
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
21.6
Gunning-Fog Score
19
Coleman-Liau Index
9.2
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
16

Russ Feingold

I look forward to being able to participate in helping to select some of the witnesses. I agree with the Senator very strongly that there are people on both sides, as well as those in the middle such as the SEC, who are seriously looking at this. This would be a useful hearing to move this issue along. I happen to be a member of the Judiciary Committee as well, so I certainly regard this as an appropriate forum as well. But I think this committee, in light of the fact these agreements started in securities firms, is a place where a hearing would be appropriate.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
3.13549
VADER
0.942
Very Positive
Moderation
Violence
0.09835487
OpenAI Moderation v1 (007)
Violence > Graphic
0.0825605239
OpenAI Moderation v1 (007)
Harassment
0.0029213114
OpenAI Moderation v1 (007)
Sexual
0.0011354422
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0005545046
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004891072
OpenAI Moderation v1 (007)
Self-Harm
0.0001552813
OpenAI Moderation v1 (007)
Hate
0.0001009835
OpenAI Moderation v1 (007)
Hate > Threatening
1.82639E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.8672E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.847E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
10.2
Flesch-Kincaid Ease
60
Gunning-Fog Score
11.5
Coleman-Liau Index
9.3
SMOG Index
11.7
Automated Readability Index
9.3
Dale-Chall Readability Score
4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
26

Russ Feingold

I also understand the Senator does not expect in any way I would be prevented from offering this to other bills at any point.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.51083
VADER
0.026
Neutral
Moderation
Violence
0.1473750686
OpenAI Moderation v1 (007)
Violence > Graphic
0.0199072616
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0101227961
OpenAI Moderation v1 (007)
Harassment
0.0016680126
OpenAI Moderation v1 (007)
Sexual
0.001304646
OpenAI Moderation v1 (007)
Self-Harm
0.001046602
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002478404
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001717916
OpenAI Moderation v1 (007)
Hate
0.0001071357
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.81968E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.3657E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.461
Magnitude:
25
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
52.1
Gunning-Fog Score
14.6
Coleman-Liau Index
9
SMOG Index
12
Automated Readability Index
10.4
Dale-Chall Readability Score
3.2
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
6

Russ Feingold

But, in light of all that and his assurances -- which have always been extremely secure whenever I have dealt with him in the past, for the last 5\1/2\ years -- in light of all that, I look forward to the hearing, I look forward to working with him. I hope that he can support this legislation after he has had a chance to review it.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.3979
VADER
0.893
Very Positive
Moderation
Violence
0.0703427591
OpenAI Moderation v1 (007)
Violence > Graphic
0.0396817777
OpenAI Moderation v1 (007)
Harassment
0.0100966521
OpenAI Moderation v1 (007)
Sexual
0.0033486951
OpenAI Moderation v1 (007)
Self-Harm
0.0026467791
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0014290068
OpenAI Moderation v1 (007)
Hate
0.0007273121
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0004101782
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002299017
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.02903E-5
OpenAI Moderation v1 (007)
Hate > Threatening
8.6188E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.269
Magnitude:
43
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
67.1
Gunning-Fog Score
15.5
Coleman-Liau Index
7
SMOG Index
11.3
Automated Readability Index
12
Dale-Chall Readability Score
3.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
12

Russ Feingold

Given all that, at this point, Madam President, I withdraw the amendment.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Violence
0.0714520866
OpenAI Moderation v1 (007)
Harassment
0.0197539935
OpenAI Moderation v1 (007)
Violence > Graphic
0.0185472265
OpenAI Moderation v1 (007)
Self-Harm
0.0077032084
OpenAI Moderation v1 (007)
Sexual
0.0076932032
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0023308574
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.002309175
OpenAI Moderation v1 (007)
Hate
0.0016816446
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007370104
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004913639
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002148064
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
51.128
Magnitude:
81
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.8
Flesch-Kincaid Ease
67.8
Gunning-Fog Score
8.1
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
7.3
Dale-Chall Readability Score
5.9
Sprache Readability Score
2.5
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
5

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Harassment
0.0182201489
OpenAI Moderation v1 (007)
Violence
0.0019083947
OpenAI Moderation v1 (007)
Violence > Graphic
0.0018231853
OpenAI Moderation v1 (007)
Hate
0.0005906604
OpenAI Moderation v1 (007)
Self-Harm
4.64043E-5
OpenAI Moderation v1 (007)
Harassment > Threatening
2.56956E-5
OpenAI Moderation v1 (007)
Sexual
1.79395E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.15649E-5
OpenAI Moderation v1 (007)
Sexual > Minors
1.10088E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.3686E-6
OpenAI Moderation v1 (007)
Hate > Threatening
5.233E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
67.943
Magnitude:
70
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
22.948
Magnitude:
70
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
23.7
Gunning-Fog Score
10.7
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
11.2
Dale-Chall Readability Score
7.2
Sprache Readability Score
1.6
Dale-Chall Difficult Word Score
4
Sprache Difficult Word Count
5

The amendment (No. 2394) was withdrawn.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.5712907296
OpenAI Moderation v1 (007)
Hate
0.0902379514
OpenAI Moderation v1 (007)
Violence
0.021162731
OpenAI Moderation v1 (007)
Violence > Graphic
0.0033381446
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0033038235
OpenAI Moderation v1 (007)
Sexual
0.0011346012
OpenAI Moderation v1 (007)
Self-Harm
0.0002970852
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002048404
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.37007E-5
OpenAI Moderation v1 (007)
Hate > Threatening
6.75227E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.0154E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
93.218
Magnitude:
57
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
1.3
Flesch-Kincaid Ease
91
Gunning-Fog Score
7.9
Coleman-Liau Index
9.6
SMOG Index
7.3
Automated Readability Index
0.5
Dale-Chall Readability Score
5.4
Sprache Readability Score
1.2
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

Al D'Amato

I thank my colleague and tell him that we look forward to working together in a cooperative way in helping to craft a package that will address the true abuses yet maintain the importance of arbitration where it is deemed appropriate, because I think in certain cases it is absolutely appropriate and I think in others it is absolutely indefensible.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.77778
Very Positive
Harvard-IV (Absolute)
0.77778
Very Positive
Harvard-IV (Logit)
1.7346
VADER
0.758
Very Positive
Moderation
Violence
0.0580292428
OpenAI Moderation v1 (007)
Harassment
0.0567082432
OpenAI Moderation v1 (007)
Violence > Graphic
0.0136131712
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0017530254
OpenAI Moderation v1 (007)
Hate
0.0007164063
OpenAI Moderation v1 (007)
Self-Harm
0.0004980771
OpenAI Moderation v1 (007)
Sexual
0.0001355218
OpenAI Moderation v1 (007)
Sexual > Minors
4.93735E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.52819E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.23822E-5
OpenAI Moderation v1 (007)
Hate > Threatening
9.7265E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.255
Magnitude:
66
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
6.3
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
16

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Violence
0.0204937722
OpenAI Moderation v1 (007)
Harassment
0.0046733367
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0023692312
OpenAI Moderation v1 (007)
Sexual
0.0017736555
OpenAI Moderation v1 (007)
Violence > Graphic
0.0014866272
OpenAI Moderation v1 (007)
Hate
0.0002085089
OpenAI Moderation v1 (007)
Self-Harm
0.0001678191
OpenAI Moderation v1 (007)
Sexual > Minors
0.00010144
OpenAI Moderation v1 (007)
Hate > Threatening
4.97107E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.14967E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.7379E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
83.993
Magnitude:
74
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.5
Flesch-Kincaid Ease
24.5
Gunning-Fog Score
8.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
7.9
Dale-Chall Readability Score
6.4
Sprache Readability Score
1.9
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
6

Richard Bryan

I thank the Presiding Officer.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.361
Somewhat Positive
Moderation
Violence
0.0713452871
OpenAI Moderation v1 (007)
Violence > Graphic
0.0553727848
OpenAI Moderation v1 (007)
Harassment
0.0180769173
OpenAI Moderation v1 (007)
Sexual
0.0016646705
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0012367189
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006460776
OpenAI Moderation v1 (007)
Hate
0.0005888248
OpenAI Moderation v1 (007)
Self-Harm
0.0003958596
OpenAI Moderation v1 (007)
Hate > Threatening
3.04973E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.31048E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.7443E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7.6
Flesch-Kincaid Ease
49.5
Gunning-Fog Score
2
Coleman-Liau Index
12
SMOG Index
11.3
Automated Readability Index
4.6
Dale-Chall Readability Score
3.4
Sprache Readability Score
1.4
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
2

Richard Bryan

Just to be clear, in terms of the status, the 22 minutes that are reserved to the Senators in opposition is not affected by the colloquy between my two friends from New York and Wisconsin?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.51083
VADER
0.707
Very Positive
Moderation
Violence > Graphic
0.0520239759
OpenAI Moderation v1 (007)
Violence
0.0092083326
OpenAI Moderation v1 (007)
Harassment
0.0020927901
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0014143886
OpenAI Moderation v1 (007)
Self-Harm
0.0007626933
OpenAI Moderation v1 (007)
Sexual
0.0005816512
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0005668033
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002164858
OpenAI Moderation v1 (007)
Hate
0.0001890459
OpenAI Moderation v1 (007)
Hate > Threatening
1.88078E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.59602E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
44.122
Magnitude:
66
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
33.102
Magnitude:
66
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
55.3
Gunning-Fog Score
17.4
Coleman-Liau Index
9.3
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
8
Sprache Difficult Word Count
10

The Presiding Officer

The PRESIDING OFFICER.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0
Neutral
Moderation
Harassment
0.303977076
OpenAI Moderation v1 (007)
Violence > Graphic
0.1215330674
OpenAI Moderation v1 (007)
Violence
0.1185433939
OpenAI Moderation v1 (007)
Hate
0.0325537927
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0174413406
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0010215781
OpenAI Moderation v1 (007)
Self-Harm
0.0009716777
OpenAI Moderation v1 (007)
Sexual
0.0006627196
OpenAI Moderation v1 (007)
Sexual > Minors
4.98564E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.81963E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.60669E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
93.954
Magnitude:
60
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.4
Flesch-Kincaid Ease
34.1
Gunning-Fog Score
1.4
Coleman-Liau Index
12
SMOG Index
10.3
Automated Readability Index
5.9
Dale-Chall Readability Score
4.7
Sprache Readability Score
1.4
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
4

Richard Bryan

Madam President, this legislation that we are debating today, as I have said on previous occasions, is somewhat arcane and esoteric. It is not the sort of thing where, for people who are at home watching this debate, it causes them to move to the edge of their chairs and to hang on every word.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-0.6
Very Negative
Harvard-IV (Absolute)
-0.6
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Harassment
24.9918162823
OpenAI Moderation v1 (007)
Harassment > Threatening
0.4210232757
OpenAI Moderation v1 (007)
Hate
0.2887214767
OpenAI Moderation v1 (007)
Violence
0.2486977959
OpenAI Moderation v1 (007)
Sexual
0.0216663218
OpenAI Moderation v1 (007)
Violence > Graphic
0.0124656697
OpenAI Moderation v1 (007)
Self-Harm
0.0032436339
OpenAI Moderation v1 (007)
Sexual > Minors
0.0020453412
OpenAI Moderation v1 (007)
Hate > Threatening
0.0005230231
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0005151084
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001254191
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.711
Magnitude:
179
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
57.4
Gunning-Fog Score
16.1
Coleman-Liau Index
9.1
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
4.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
13

Richard Bryan

It is, however, terribly important for the tens of millions of small investors who, in recent years, have invested in the future of America, and for their confidence in the market system that we have created, because they are the small investors, they are the ones who will be impacted by this legislation. The large investors, the large institutions, will still have options that heretofore the small investors have had but the small investors will be deprived of as a result of this legislation. So it is the view of the Senator from Nevada that this legislation plunges a dagger into the heart of every small investor in America.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.42857
Positive
Harvard-IV (Absolute)
0.42857
Positive
Harvard-IV (Logit)
0.78846
VADER
0.527
Very Positive
Moderation
Harassment
2.9339309782
OpenAI Moderation v1 (007)
Violence
0.6110901944
OpenAI Moderation v1 (007)
Harassment > Threatening
0.165428163
OpenAI Moderation v1 (007)
Violence > Graphic
0.0640759303
OpenAI Moderation v1 (007)
Hate
0.062611216
OpenAI Moderation v1 (007)
Sexual
0.045425116
OpenAI Moderation v1 (007)
Self-Harm
0.0117817814
OpenAI Moderation v1 (007)
Sexual > Minors
0.001876563
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0007510113
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003017823
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001046644
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.843
Magnitude:
189
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
32.6
Gunning-Fog Score
19
Coleman-Liau Index
11.9
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.9
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
24

Richard Bryan

What we are talking about is not whether a case can be brought in State court or Federal court. We are talking about a system, which currently exists, that allows a private small investor to be part of a class action, and other small investors who have been defrauded as a result of the misconduct of others, to come together and file an action in State court and to avail themselves of statutes of limitations that are longer than are available to those of us who file in Federal court to provide, for joint and several liability, the ability to recover from accomplices -- particularly important if the primary offender has bankrupted himself or herself or itself or has taken leave -- and to avail himself or herself of triple damages under RICO.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0.23077
Slightly Positive
Harvard-IV (Absolute)
0.23077
Slightly Positive
Harvard-IV (Logit)
0.43532
VADER
-0.465
Negative
Moderation
Harassment
17.5310760736
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1988598378
OpenAI Moderation v1 (007)
Violence
0.1365641714
OpenAI Moderation v1 (007)
Hate
0.1233948977
OpenAI Moderation v1 (007)
Violence > Graphic
0.0928027555
OpenAI Moderation v1 (007)
Sexual
0.0042595726
OpenAI Moderation v1 (007)
Sexual > Minors
0.001980086
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0011492153
OpenAI Moderation v1 (007)
Self-Harm
0.000505141
OpenAI Moderation v1 (007)
Hate > Threatening
5.35673E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.81827E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
90.412
Magnitude:
62
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
4.7
Gunning-Fog Score
19
Coleman-Liau Index
11.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
37
Sprache Difficult Word Count
38

Richard Bryan

So this has a very practical impact. Actions that would be available to small investors at the State court level will no longer -- no longer -- be available to those small investors, as a practical matter. So we continue a process which alarmed my good friend, the distinguished ranking member of this committee, the distinguished Senator from Maryland, that began with the Private Securities Litigation Reform Act of 1995 and, in our view, simply goes too far.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.8
Very Positive
Harvard-IV (Absolute)
0.8
Very Positive
Harvard-IV (Logit)
1.84583
VADER
0.202
Slightly Positive
Moderation
Violence > Graphic
0.2309110714
OpenAI Moderation v1 (007)
Harassment
0.0461166957
OpenAI Moderation v1 (007)
Violence
0.0437236507
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0111847658
OpenAI Moderation v1 (007)
Hate
0.0090161062
OpenAI Moderation v1 (007)
Sexual
0.0075515614
OpenAI Moderation v1 (007)
Self-Harm
0.0017557091
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007280199
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002561014
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.15078E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.31542E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.957
Magnitude:
117
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
42
Gunning-Fog Score
15.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
24
Sprache Difficult Word Count
23

Richard Bryan

Those of us who express strong reservations about this bill find no comfort with those who are filing strike suits, those who are involved in litigiousness for the sake of litigiousness. I believe it would be possible to craft a narrow provision that addresses the ostensible concerns that have been raised and yet not deprive small investors in this country of their rights under the law.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.25
Slightly Negative
Harvard-IV (Absolute)
-0.25
Slightly Negative
Harvard-IV (Logit)
-0.45199
VADER
0.574
Very Positive
Moderation
Harassment
0.496006757
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0111632646
OpenAI Moderation v1 (007)
Violence > Graphic
0.0106539141
OpenAI Moderation v1 (007)
Violence
0.0065391578
OpenAI Moderation v1 (007)
Hate
0.0033361586
OpenAI Moderation v1 (007)
Sexual
0.0017202216
OpenAI Moderation v1 (007)
Self-Harm
0.0007977174
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002887071
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002696318
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002685068
OpenAI Moderation v1 (007)
Hate > Threatening
7.8272E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
87.373
Magnitude:
78
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
46.4
Gunning-Fog Score
17.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
19

Richard Bryan

The system for private enforcement of remedies has existed now for more than six decades. It is a dual system involving the State courts and the Federal courts. It has worked exceptionally well. The SEC has repeatedly testified as to the importance of private rights of actions as being absolutely essential to augment their own enforcement efforts. Indeed, they have said they have not the ability nor the resources to deal with the vast panoply of investor fraud, and they view the private cause of action as essential.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.28571
Slightly Positive
Harvard-IV (Absolute)
0.28571
Slightly Positive
Harvard-IV (Logit)
0.54654
VADER
-0.082
Neutral
Moderation
Harassment
1.3335514814
OpenAI Moderation v1 (007)
Violence
0.2050442155
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0643784995
OpenAI Moderation v1 (007)
Hate
0.0379831152
OpenAI Moderation v1 (007)
Self-Harm
0.0280406617
OpenAI Moderation v1 (007)
Violence > Graphic
0.0082549413
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0027778182
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0027276272
OpenAI Moderation v1 (007)
Hate > Threatening
0.0015636806
OpenAI Moderation v1 (007)
Sexual
0.0008626759
OpenAI Moderation v1 (007)
Sexual > Minors
5.66276E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.021
Magnitude:
97
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.3
Flesch-Kincaid Ease
52.5
Gunning-Fog Score
14.8
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
10.2
Dale-Chall Readability Score
6.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
32
Sprache Difficult Word Count
32

Richard Bryan

Indeed, States were the first to enact these protections against fraud in the early 1900s, and when, in the mid-1930s, the statutes that essentially provided the framework for Federal securities regulation were put in place, it was expressly intended to supplement, not to supersede, to complement, not to wipe out, and the language of this legislation today specifically preempts the State cause of action for class actions. These State remedies are vitally important, and States have responded in a number of different ways by providing protections. I am going to talk about three primarily.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.66667
Very Positive
Harvard-IV (Absolute)
0.66667
Very Positive
Harvard-IV (Logit)
1.43508
VADER
0.153
Leans Positive
Moderation
Harassment
0.1397086075
OpenAI Moderation v1 (007)
Violence
0.0309877854
OpenAI Moderation v1 (007)
Harassment > Threatening
0.010582016
OpenAI Moderation v1 (007)
Violence > Graphic
0.0060692997
OpenAI Moderation v1 (007)
Hate
0.0050139519
OpenAI Moderation v1 (007)
Sexual
0.0032107531
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001592656
OpenAI Moderation v1 (007)
Self-Harm
0.0001480533
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.37528E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.68127E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.746E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.12
Magnitude:
104
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
31.3
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
30

Richard Bryan

The statute of limitations. Why is that important? Those who perpetrate fraud on small investors don't do so openly and nakedly; they try to conceal it to protect that activity. So the unfortunate decision of the court in the Lampf decision, which limits at the Federal level the right of an investor who has been defrauded 1 year from the point of discovery of the fraud, 3 years even though the investor never becomes aware of that fraud, is viewed by the Securities Commission as unreasonable because it takes them, with all of their resources, a minimum of 3\1/2\ years.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-3.04452
Harvard-IV (Relative)
-0.17647
Leans Negative
Harvard-IV (Absolute)
-0.17647
Leans Negative
Harvard-IV (Logit)
-0.33647
VADER
-0.877
Very Negative
Moderation
Harassment
0.0994808623
OpenAI Moderation v1 (007)
Violence
0.016972069
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0076489392
OpenAI Moderation v1 (007)
Violence > Graphic
0.0037957205
OpenAI Moderation v1 (007)
Hate
0.0032834014
OpenAI Moderation v1 (007)
Sexual
0.0025192387
OpenAI Moderation v1 (007)
Self-Harm
0.0015247485
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001279363
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001203206
OpenAI Moderation v1 (007)
Hate > Threatening
3.22116E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.595E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
74.231
Magnitude:
151
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
51.4
Gunning-Fog Score
16.4
Coleman-Liau Index
10.8
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
25

Richard Bryan

The statute of limitation is not just an arcane debate about how long one should have, it is the ability of a small investor who has been defrauded without his knowledge and, never having learned of it within the 3-year period of time, is now precluded. Thirty-three States in this country, including my own in Nevada, provide for a longer statute of limitation. Some provide 2 years from the time of discovery of fraud, or 5 or 6 or even 10 years, and some provide no bar at all.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0.09091
Neutral
Harvard-IV (Absolute)
0.09091
Neutral
Harvard-IV (Logit)
0.16705
VADER
-0.796
Very Negative
Moderation
Harassment
0.7008638699
OpenAI Moderation v1 (007)
Hate
0.0121119134
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0076327058
OpenAI Moderation v1 (007)
Violence
0.0048314716
OpenAI Moderation v1 (007)
Sexual
0.001950666
OpenAI Moderation v1 (007)
Violence > Graphic
0.0015747215
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002770788
OpenAI Moderation v1 (007)
Self-Harm
0.0002037695
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001396398
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.21043E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.75293E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Energy
Score:
27.724
Magnitude:
40
Code:
8
Url:
https://fsc.al/cap-mc#8
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
22.836
Magnitude:
40
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
58
Gunning-Fog Score
16.1
Coleman-Liau Index
8.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
22

Richard Bryan

In the vast majority of States in America, small investors filing class actions who do not discover the fraud until after 3 years are currently, under existing law, protected in at least 33 States. This legislation cuts off that right, and even though we all agree or, as the lawyers say, stipulate to the merit of the claim, it is barred -- barred -- by the 3 years even though the small investor never became aware of the fraud. That is what we are talking about.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.463
Positive
Moderation
Harassment
0.3737100866
OpenAI Moderation v1 (007)
Violence
0.1431364566
OpenAI Moderation v1 (007)
Harassment > Threatening
0.037070681
OpenAI Moderation v1 (007)
Violence > Graphic
0.0149291198
OpenAI Moderation v1 (007)
Hate
0.0044722041
OpenAI Moderation v1 (007)
Sexual
0.0040845043
OpenAI Moderation v1 (007)
Self-Harm
0.0024095532
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002417898
OpenAI Moderation v1 (007)
Sexual > Minors
3.88403E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.26283E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.06002E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Domestic Commerce
Score:
85.073
Magnitude:
89
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
56.6
Gunning-Fog Score
16.4
Coleman-Liau Index
9.6
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.3
Sprache Readability Score
5
Dale-Chall Difficult Word Score
21
Sprache Difficult Word Count
22

Richard Bryan

Forty-nine of the 50 States provide liability for the accomplices -- those who conspired with the primary perpetrator of the fraud, whether they be lawyers, whether they be accountants, whether they be other investment advisers -- to provide a cause of action -- 49 out of 50. Unfortunately, at the Federal level, there is no remedy for plaintiffs against aiders and abetters. So that means that if the primary offender, the perpetrator, becomes bankrupt, leaves the country, or is otherwise unable to respond in damages, historically at the State court level, the class-action plaintiffs could recover against those who conspired and aided in that fraud.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-3.29584
Harvard-IV (Relative)
-0.375
Somewhat Negative
Harvard-IV (Absolute)
-0.375
Somewhat Negative
Harvard-IV (Logit)
-0.7376
VADER
-0.981
Very Negative
Moderation
Violence
0.0372550101
OpenAI Moderation v1 (007)
Harassment
0.0102719787
OpenAI Moderation v1 (007)
Sexual
0.009456103
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0076226606
OpenAI Moderation v1 (007)
Violence > Graphic
0.002698834
OpenAI Moderation v1 (007)
Sexual > Minors
0.0014631538
OpenAI Moderation v1 (007)
Hate
0.0007675228
OpenAI Moderation v1 (007)
Self-Harm
0.0001782541
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001278859
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.40867E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.606E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
30.9
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
35
Sprache Difficult Word Count
34

Richard Bryan

The action that we take with S. 1260 deprives small investors filing class actions from this recovery. So now, if we pass this legislation, they are precluded from moving against those who conspired and actively participated in the fraud.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.19722
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.94591
VADER
-0.637
Very Negative
Moderation
Violence
0.0235280473
OpenAI Moderation v1 (007)
Violence > Graphic
0.0173763518
OpenAI Moderation v1 (007)
Sexual
0.0066904533
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0056649646
OpenAI Moderation v1 (007)
Hate
0.0012670503
OpenAI Moderation v1 (007)
Harassment
0.0009898702
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002774394
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001556002
OpenAI Moderation v1 (007)
Self-Harm
0.0001189837
OpenAI Moderation v1 (007)
Self-Harm > Intent
3.48497E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.1959E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
39.899
Magnitude:
62
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
8.2
Flesch-Kincaid Ease
59.1
Gunning-Fog Score
12.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
8.1
Dale-Chall Readability Score
6.3
Sprache Readability Score
3.4
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
14

Richard Bryan

Moreover, States, as a matter of providing protection to their own citizens, have provided in a number of jurisdictions for joint and several liability. That means if five or six are guilty of the fraud and only one has the ability to respond in damages, States have made the determination that as between the innocent investor, utterly blameless, that the innocent investor ought to be satisfied against the perpetrator of that fraud, even though there may have been several involved. That is wiped out.
Sentiment
Loughran McDonald (Relative)
-0.66667
Very Negative
Loughran McDonald (Absolute)
-0.66667
Very Negative
Loughran McDonald (Logit)
-1.29928
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.37949
VADER
-0.653
Very Negative
Moderation
Violence
0.0389030436
OpenAI Moderation v1 (007)
Violence > Graphic
0.0066687775
OpenAI Moderation v1 (007)
Sexual
0.0023062677
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0011675398
OpenAI Moderation v1 (007)
Hate
0.0003957705
OpenAI Moderation v1 (007)
Harassment
0.0003498481
OpenAI Moderation v1 (007)
Hate > Threatening
5.63398E-5
OpenAI Moderation v1 (007)
Sexual > Minors
5.48013E-5
OpenAI Moderation v1 (007)
Self-Harm
3.94031E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.8744E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.017E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
50.52
Magnitude:
83
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
36.4
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.7
Sprache Readability Score
5
Dale-Chall Difficult Word Score
23
Sprache Difficult Word Count
24

Richard Bryan

We have, in effect, a piece of legislation before us that dramatically limits the right of a small investor to pursue a class action in State court and to avail himself or herself of a whole host of remedies which States have provided on their own.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.42857
Positive
Harvard-IV (Absolute)
0.42857
Positive
Harvard-IV (Logit)
0.78846
VADER
0
Neutral
Moderation
Violence
0.0383794191
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0046025627
OpenAI Moderation v1 (007)
Sexual
0.0040823041
OpenAI Moderation v1 (007)
Violence > Graphic
0.0029558023
OpenAI Moderation v1 (007)
Harassment
0.0003945898
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001440741
OpenAI Moderation v1 (007)
Self-Harm
0.0001336018
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.17672E-5
OpenAI Moderation v1 (007)
Hate
6.58507E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.54803E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.681E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
36.9
Gunning-Fog Score
19
Coleman-Liau Index
9.8
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
12
Sprache Difficult Word Count
14

Richard Bryan

I must say, the irony of this course of action by a Republican Congress that has proclaimed its devotion to State rights and has raged against preemption by a Congress at the Federal level of essentially State rights does not go unnoticed by this Senator.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.14286
Leans Positive
Harvard-IV (Absolute)
0.14286
Leans Positive
Harvard-IV (Logit)
0.25131
VADER
-0.052
Neutral
Moderation
Harassment
0.0867005554
OpenAI Moderation v1 (007)
Violence
0.0800320762
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0144019607
OpenAI Moderation v1 (007)
Hate
0.0044093384
OpenAI Moderation v1 (007)
Violence > Graphic
0.0034064036
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0027663449
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0020726678
OpenAI Moderation v1 (007)
Self-Harm
0.0006171947
OpenAI Moderation v1 (007)
Sexual
0.0002504297
OpenAI Moderation v1 (007)
Sexual > Minors
0.000250158
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002441028
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
31.4
Gunning-Fog Score
19
Coleman-Liau Index
11.5
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
14

Richard Bryan

Why are class actions important? Again, it is pretty esoteric. Think for a moment. Tens of millions of small investors who may have been victimized by a fraud don't have the ability to hire a lawyer on their own to fight against entrenched special interests who have the ability to provide legal defenses and delays and delays. That is practically no remedy at all. It is only by binding together with other investors, small investors who are similarly situated, as the law says, that those costs can be spread and a recovery can be possible.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
0.29412
Slightly Positive
Harvard-IV (Absolute)
0.29412
Slightly Positive
Harvard-IV (Logit)
0.57054
VADER
0.108
Leans Positive
Moderation
Sexual
0.0301044551
OpenAI Moderation v1 (007)
Hate
0.0041090785
OpenAI Moderation v1 (007)
Violence
0.0025280302
OpenAI Moderation v1 (007)
Harassment
0.0016579956
OpenAI Moderation v1 (007)
Violence > Graphic
0.0013579381
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0004378226
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004010675
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0002463488
OpenAI Moderation v1 (007)
Self-Harm
0.0002397471
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.65521E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.20537E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9.8
Flesch-Kincaid Ease
52.7
Gunning-Fog Score
14.8
Coleman-Liau Index
11.3
SMOG Index
12
Automated Readability Index
8.2
Dale-Chall Readability Score
4.6
Sprache Readability Score
4.6
Dale-Chall Difficult Word Score
23
Sprache Difficult Word Count
25

Richard Bryan

When we say, as proponents of this legislation, "Well, the small investor can still file in State court," that is true, but it is a hollow and transparent remedy because, as a practical matter, small investors simply do not have the ability to pay for the lawyer's fees and the costs that are involved in processing these kind of cases.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.61904
VADER
-0.031
Neutral
Moderation
Violence
0.0103486658
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0067612746
OpenAI Moderation v1 (007)
Harassment
0.0027485998
OpenAI Moderation v1 (007)
Violence > Graphic
0.0017302562
OpenAI Moderation v1 (007)
Sexual
0.0007442068
OpenAI Moderation v1 (007)
Hate
0.0005579936
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001742405
OpenAI Moderation v1 (007)
Hate > Threatening
3.23722E-5
OpenAI Moderation v1 (007)
Self-Harm
3.01778E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.7264E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.148E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
56.918
Magnitude:
33
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
21.9
Gunning-Fog Score
19
Coleman-Liau Index
10.3
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
17

Richard Bryan

That was the situation that 23,000 senior citizens who joined in a class action against Charlie Keating and Lincoln Savings and Loan found themselves in a few years ago. It was a class action, and they were ultimately able to recover 65 cents on the dollar of their losses.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.51083
VADER
-0.402
Negative
Moderation
Harassment > Threatening
0.1102863229
OpenAI Moderation v1 (007)
Violence
0.0273744372
OpenAI Moderation v1 (007)
Sexual
0.0126995539
OpenAI Moderation v1 (007)
Harassment
0.009713597
OpenAI Moderation v1 (007)
Violence > Graphic
0.0025603769
OpenAI Moderation v1 (007)
Hate
0.0013768121
OpenAI Moderation v1 (007)
Sexual > Minors
0.0011857311
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003410439
OpenAI Moderation v1 (007)
Self-Harm
0.0001803189
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001548447
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.33558E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
49.009
Magnitude:
61
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
10.7
Flesch-Kincaid Ease
63
Gunning-Fog Score
14
Coleman-Liau Index
9.4
SMOG Index
12
Automated Readability Index
11.2
Dale-Chall Readability Score
5.3
Sprache Readability Score
4.9
Dale-Chall Difficult Word Score
13
Sprache Difficult Word Count
15

Richard Bryan

Had those plaintiffs been involved today with a shorter cause of action at the Federal level, with the cause of action unavailable at the State level for class actions, those plaintiffs would have not been able to recover that kind of money. The examples of these kinds of groups are not just small individuals, but they include school districts, municipalities, special improvement districts, pension funds at the State and municipal level. All of these are going to be affected by this legislation. As a practical matter, a class action provides the only realistic hope of recovery.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
0.99853
VADER
0.892
Very Positive
Moderation
Violence
0.1084708376
OpenAI Moderation v1 (007)
Harassment
0.0892315817
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0669421919
OpenAI Moderation v1 (007)
Sexual
0.0098598524
OpenAI Moderation v1 (007)
Violence > Graphic
0.0083987783
OpenAI Moderation v1 (007)
Hate
0.0043340486
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0012491005
OpenAI Moderation v1 (007)
Sexual > Minors
0.0011407225
OpenAI Moderation v1 (007)
Self-Harm
0.0010123414
OpenAI Moderation v1 (007)
Hate > Threatening
5.2042E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.75414E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
44.1
Gunning-Fog Score
15.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
30
Sprache Difficult Word Count
27

Richard Bryan

As I pointed out, the SEC, with all its resources, says it takes them up to 3 years to compile the data to bring these securities fraud suits. So in effect, what we are doing now is we are providing for two classes of investors: Those who have been defrauded who are people of means, of wealth, so they can hire their own lawyers, they can still file at the State court level and take advantage of the longer statute of limitations, can take advantage of the provisions that provide liability against accomplices, can take advantage against the joint and several liability protections available at the State level. But if you are a small investor -- and that is what most of those who are defrauded are, small investors -- that remedy is no longer available to you.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.44444
Positive
Harvard-IV (Absolute)
0.44444
Positive
Harvard-IV (Logit)
0.89794
VADER
0.202
Slightly Positive
Moderation
Violence
0.0423024729
OpenAI Moderation v1 (007)
Harassment > Threatening
0.036641449
OpenAI Moderation v1 (007)
Violence > Graphic
0.0306601229
OpenAI Moderation v1 (007)
Sexual
0.0120528101
OpenAI Moderation v1 (007)
Harassment
0.0040505445
OpenAI Moderation v1 (007)
Self-Harm
0.0020926245
OpenAI Moderation v1 (007)
Sexual > Minors
0.001116389
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000460655
OpenAI Moderation v1 (007)
Hate
0.0002538693
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002129359
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.141E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
21.378
Magnitude:
24
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
35.2
Gunning-Fog Score
19
Coleman-Liau Index
10.6
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
32
Sprache Difficult Word Count
32

Richard Bryan

So the question arises: Why are we doing this? What is the problem? Well, frankly, to the great credit of our regulatory framework, we have the safest and the most efficient securities markets in the world.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.42857
Positive
Harvard-IV (Absolute)
0.42857
Positive
Harvard-IV (Logit)
0.78846
VADER
0.929
Very Positive
Moderation
Violence
0.0794239051
OpenAI Moderation v1 (007)
Violence > Graphic
0.0265983399
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0121286837
OpenAI Moderation v1 (007)
Sexual
0.0076787059
OpenAI Moderation v1 (007)
Harassment
0.0029001212
OpenAI Moderation v1 (007)
Hate
0.0013498247
OpenAI Moderation v1 (007)
Self-Harm
0.0004421668
OpenAI Moderation v1 (007)
Sexual > Minors
0.0003566438
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001186459
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.80418E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.2626E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
30.085
Magnitude:
60
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.1
Flesch-Kincaid Ease
65.4
Gunning-Fog Score
10.4
Coleman-Liau Index
11
SMOG Index
10.6
Automated Readability Index
6
Dale-Chall Readability Score
4.5
Sprache Readability Score
2.9
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
10

Richard Bryan

In 1990, there were 158 IPOs, totaling $4.6 billion. In 1997, 7 years later, there were 619 IPOs, totaling $39 billion. The stock market has recently set record highs. The Dow is over 9,000. And individuals confident in these markets are pouring in $40 billion a month in mutual funds. In 1980, 1 in every 18 households in America invested in the stock market. Less than 20 years later, it is more than one in three. That is a great tribute to the security and safety of this market.
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.60944
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.70805
VADER
0.91
Very Positive
Moderation
Violence
0.052026927
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0225181124
OpenAI Moderation v1 (007)
Violence > Graphic
0.0199904622
OpenAI Moderation v1 (007)
Harassment
0.0165563077
OpenAI Moderation v1 (007)
Hate
0.0065145665
OpenAI Moderation v1 (007)
Sexual
0.0060015933
OpenAI Moderation v1 (007)
Self-Harm
0.0002046486
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001405334
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001190768
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.68336E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.5826E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
4.8
Flesch-Kincaid Ease
80.7
Gunning-Fog Score
10.7
Coleman-Liau Index
6.5
SMOG Index
11.1
Automated Readability Index
2
Dale-Chall Readability Score
4.4
Sprache Readability Score
3.7
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
21

Richard Bryan

Why are we reducing the investor protections at a time when the stock market is surging and consumer confidence is growing?
Sentiment
Loughran McDonald (Relative)
1
Very Positive
Loughran McDonald (Absolute)
1
Very Positive
Loughran McDonald (Logit)
1.09861
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
1.94591
VADER
0.612
Very Positive
Moderation
Violence
0.0186896927
OpenAI Moderation v1 (007)
Violence > Graphic
0.013347753
OpenAI Moderation v1 (007)
Harassment
0.011061212
OpenAI Moderation v1 (007)
Hate
0.0099619101
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0072681411
OpenAI Moderation v1 (007)
Sexual
0.003094408
OpenAI Moderation v1 (007)
Hate > Threatening
0.0013547198
OpenAI Moderation v1 (007)
Self-Harm
0.0005203385
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001000169
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.28408E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.02E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
44.5
Gunning-Fog Score
17.9
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
11.9
Dale-Chall Readability Score
6.3
Sprache Readability Score
3.9
Dale-Chall Difficult Word Score
7
Sprache Difficult Word Count
8

Richard Bryan

Investor confidence is crucial, and it is threatened by increasing fraud. I believe it was President Kennedy who made the observation, that, "A rising tide" -- referring to the economy -- "raises all boats." And I think that is true. But it is equally true it also hides the shoals.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
-0.2
Slightly Negative
Harvard-IV (Absolute)
-0.2
Slightly Negative
Harvard-IV (Logit)
-0.33647
VADER
0.103
Leans Positive
Moderation
Violence
0.0302907545
OpenAI Moderation v1 (007)
Harassment
0.0172905085
OpenAI Moderation v1 (007)
Sexual
0.0144385107
OpenAI Moderation v1 (007)
Hate
0.0095970448
OpenAI Moderation v1 (007)
Violence > Graphic
0.0041278046
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0021816497
OpenAI Moderation v1 (007)
Self-Harm
0.000471045
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004659153
OpenAI Moderation v1 (007)
Hate > Threatening
0.0003770054
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.77881E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.38891E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7
Flesch-Kincaid Ease
66
Gunning-Fog Score
9.8
Coleman-Liau Index
10.9
SMOG Index
11.3
Automated Readability Index
6
Dale-Chall Readability Score
5.2
Sprache Readability Score
3.3
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
15

Richard Bryan

Newsweek, in its October 6, 1997, edition: "Scam Scuttling: The Bull Market is Drawing Con Artists. SEC Chairman Levitt summarized, "In a market like this, parasites crowd in to feast on the bull's success." Business Week, December 15: "Ripoff! Secret World of Chop Stocks -- And How Small Investors -- [and that is what we are talking about] Are Getting Fleeced." The article focuses on small-cap equities manipulated to enrich promotors and defraud thousands of small investors -- a $10 billion-a-year business that regulators and law enforcement have barely dented.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
0.09091
Neutral
Harvard-IV (Absolute)
0.09091
Neutral
Harvard-IV (Logit)
0.16705
VADER
-0.101
Leans Negative
Moderation
Violence
0.0479686249
OpenAI Moderation v1 (007)
Hate
0.0475435838
OpenAI Moderation v1 (007)
Violence > Graphic
0.0186093341
OpenAI Moderation v1 (007)
Harassment
0.0174816159
OpenAI Moderation v1 (007)
Sexual
0.0135228009
OpenAI Moderation v1 (007)
Sexual > Minors
0.0117336946
OpenAI Moderation v1 (007)
Hate > Threatening
0.008566997
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0032261607
OpenAI Moderation v1 (007)
Self-Harm
0.0008603926
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.00283E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.199E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9.5
Flesch-Kincaid Ease
56.1
Gunning-Fog Score
12.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
10.2
Dale-Chall Readability Score
6.8
Sprache Readability Score
5
Dale-Chall Difficult Word Score
31
Sprache Difficult Word Count
40

Richard Bryan

The New York Times of November 26 of last year: "Lessons of Boesky and Milken Go Unheeded in Fraud Case." In one case, 1,600 investors were swindled out of $95 million.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
-0.586
Very Negative
Moderation
Violence
0.0238090448
OpenAI Moderation v1 (007)
Violence > Graphic
0.0207883088
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0062942177
OpenAI Moderation v1 (007)
Harassment
0.0062436018
OpenAI Moderation v1 (007)
Sexual
0.0057083475
OpenAI Moderation v1 (007)
Hate
0.0008326451
OpenAI Moderation v1 (007)
Sexual > Minors
0.000378374
OpenAI Moderation v1 (007)
Self-Harm
0.0003725886
OpenAI Moderation v1 (007)
Hate > Threatening
3.34709E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.14236E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.724E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
5.4
Flesch-Kincaid Ease
84.8
Gunning-Fog Score
8.9
Coleman-Liau Index
6.6
SMOG Index
11.3
Automated Readability Index
4.5
Dale-Chall Readability Score
4.7
Sprache Readability Score
3.4
Dale-Chall Difficult Word Score
8
Sprache Difficult Word Count
10

Richard Bryan

Yet Federal and State enforcement resources are shrinking as these fraudulent schemes are perpetrated upon the innocent small investors.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.2
Slightly Negative
Harvard-IV (Absolute)
-0.2
Slightly Negative
Harvard-IV (Logit)
-0.33647
VADER
-0.202
Slightly Negative
Moderation
Violence
0.4623066634
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1826762804
OpenAI Moderation v1 (007)
Violence > Graphic
0.1453906414
OpenAI Moderation v1 (007)
Harassment
0.019662366
OpenAI Moderation v1 (007)
Sexual
0.0195753077
OpenAI Moderation v1 (007)
Hate
0.0095878975
OpenAI Moderation v1 (007)
Self-Harm
0.0033642449
OpenAI Moderation v1 (007)
Hate > Threatening
0.0020944532
OpenAI Moderation v1 (007)
Sexual > Minors
0.0012239345
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.22384E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.04579E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
27.3
Gunning-Fog Score
19
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
8.4
Sprache Readability Score
3.8
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
10

Richard Bryan

Now is not the time, I would respectfully argue, to in effect rip from the investor his or her opportunity to recover that which has been lost as a result of being victimized by fraud. Our securities markets run on trust, Madam President -- on trust -- not money. There will be much less trust, I fear, if this legislation occurs.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.58779
Harvard-IV (Relative)
0.16667
Leans Positive
Harvard-IV (Absolute)
0.16667
Leans Positive
Harvard-IV (Logit)
0.31015
VADER
0.479
Positive
Moderation
Harassment
0.0249673467
OpenAI Moderation v1 (007)
Violence
0.0103395512
OpenAI Moderation v1 (007)
Sexual
0.0079669815
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0013617611
OpenAI Moderation v1 (007)
Sexual > Minors
0.0004994327
OpenAI Moderation v1 (007)
Hate
0.0004695565
OpenAI Moderation v1 (007)
Self-Harm
0.0003516018
OpenAI Moderation v1 (007)
Violence > Graphic
0.0003343373
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.62986E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.7312E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.702E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9.5
Flesch-Kincaid Ease
62.1
Gunning-Fog Score
12.6
Coleman-Liau Index
9.9
SMOG Index
12
Automated Readability Index
9
Dale-Chall Readability Score
5
Sprache Readability Score
4.6
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
19

Richard Bryan

Look what has happened in countries around the world: "Albania tries to regain control [of the Ponzi scheme]." That can't happen in America with the system that we have created. "Shanghai Stock Market Cited for Scandal." "10,000 Stampede as Russian Stock [Market] Collapses." "Scandal Besets Chinese Markets." My point being that we have devised a system to protect investors. And I fear, by reason of overly broad legislation, we are depriving small investors of the very opportunity to recover that which has provided the confidence in the market that has encouraged such a massive investment by small investors.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.06667
Neutral
Harvard-IV (Absolute)
0.06667
Neutral
Harvard-IV (Logit)
0.12516
VADER
-0.548
Very Negative
Moderation
Violence
0.0130515284
OpenAI Moderation v1 (007)
Sexual
0.005381669
OpenAI Moderation v1 (007)
Violence > Graphic
0.0043931712
OpenAI Moderation v1 (007)
Harassment
0.0024219129
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0002659104
OpenAI Moderation v1 (007)
Self-Harm
0.0002546265
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002393351
OpenAI Moderation v1 (007)
Hate
8.61732E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.0145E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.3072E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.414E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
9
Flesch-Kincaid Ease
54.6
Gunning-Fog Score
10.9
Coleman-Liau Index
12
SMOG Index
11.9
Automated Readability Index
8.6
Dale-Chall Readability Score
5.9
Sprache Readability Score
4.9
Dale-Chall Difficult Word Score
31
Sprache Difficult Word Count
32

Richard Bryan

Why? We are led to believe there is a massive influx of cases that must be preempted because everybody is going to the State court to bypass the provisions of the 1995 law.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.0282419118
OpenAI Moderation v1 (007)
Sexual
0.010184219
OpenAI Moderation v1 (007)
Harassment
0.0057342848
OpenAI Moderation v1 (007)
Violence > Graphic
0.0051098839
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0040420975
OpenAI Moderation v1 (007)
Hate
0.0038672977
OpenAI Moderation v1 (007)
Sexual > Minors
0.0013268652
OpenAI Moderation v1 (007)
Self-Harm
0.0001512623
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.04895E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.8273E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
3.475E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7.3
Flesch-Kincaid Ease
72.2
Gunning-Fog Score
10.2
Coleman-Liau Index
8.1
SMOG Index
10.3
Automated Readability Index
5.9
Dale-Chall Readability Score
3.2
Sprache Readability Score
3.6
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
11

Richard Bryan

Price Waterhouse, in January of 1998, made a report, an evaluation. Forty-four State cases -- 44 -- were filed in all of 1997, a one-third decrease since 1996 -- I want to emphasize that, a decrease -- when 66 were filed, and less than in the 3 years before the 1995 legislation. A followup Price Waterhouse study, in February, tells us 39 cases were filed.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.94591
VADER
0.077
Neutral
Moderation
Violence
0.147656363
OpenAI Moderation v1 (007)
Violence > Graphic
0.0925294007
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0307739538
OpenAI Moderation v1 (007)
Harassment
0.0274088059
OpenAI Moderation v1 (007)
Hate
0.011204878
OpenAI Moderation v1 (007)
Sexual
0.0099899829
OpenAI Moderation v1 (007)
Self-Harm
0.0020081436
OpenAI Moderation v1 (007)
Sexual > Minors
0.0014926405
OpenAI Moderation v1 (007)
Hate > Threatening
0.0002087546
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.96467E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.3293E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
8.3
Flesch-Kincaid Ease
72.7
Gunning-Fog Score
10.9
Coleman-Liau Index
7.5
SMOG Index
12
Automated Readability Index
7.7
Dale-Chall Readability Score
4.8
Sprache Readability Score
4.4
Dale-Chall Difficult Word Score
15
Sprache Difficult Word Count
15

Richard Bryan

My point being, whether it is 39 or 44, I would not argue that with my colleagues, but that is, out of 15 million cases, civil cases -- not criminal, not traffic, not domestic relations -- we are talking about 44 cases or 39 cases out of 15 million filed. That is a very, very small number. And although there are some problems, as has been pointed out by the proponents, none of the problems justifies the sweeping emasculation of investor protections that this legislation provides for.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
-0.09091
Neutral
Harvard-IV (Absolute)
-0.09091
Neutral
Harvard-IV (Logit)
-0.16705
VADER
0.194
Leans Positive
Moderation
Violence > Graphic
0.0603826775
OpenAI Moderation v1 (007)
Violence
0.0537405431
OpenAI Moderation v1 (007)
Sexual
0.0434727466
OpenAI Moderation v1 (007)
Harassment
0.0163442252
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0134547488
OpenAI Moderation v1 (007)
Sexual > Minors
0.0067604815
OpenAI Moderation v1 (007)
Self-Harm
0.0037533828
OpenAI Moderation v1 (007)
Hate
0.0025194477
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0004398289
OpenAI Moderation v1 (007)
Hate > Threatening
3.63987E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.1383E-6
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
51.7
Gunning-Fog Score
17
Coleman-Liau Index
10
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
21

Richard Bryan

Now, what are the problems specifically in the act itself?
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
-0.402
Negative
Moderation
Violence
0.4355304874
OpenAI Moderation v1 (007)
Violence > Graphic
0.143565936
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0882491586
OpenAI Moderation v1 (007)
Harassment
0.055388175
OpenAI Moderation v1 (007)
Sexual
0.0413851492
OpenAI Moderation v1 (007)
Hate
0.0080062571
OpenAI Moderation v1 (007)
Sexual > Minors
0.0027290658
OpenAI Moderation v1 (007)
Self-Harm
0.0021183958
OpenAI Moderation v1 (007)
Hate > Threatening
0.0007267165
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.65287E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.04739E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7.2
Flesch-Kincaid Ease
61.3
Gunning-Fog Score
8
Coleman-Liau Index
11.9
SMOG Index
9
Automated Readability Index
5.7
Dale-Chall Readability Score
3.7
Sprache Readability Score
2
Dale-Chall Difficult Word Score
2
Sprache Difficult Word Count
2

Richard Bryan

If one believes that uniform standards are an essential public policy in the country -- and, I must say, I have not been persuaded -- then I think we would agree that a uniform standard that provides strong investor protections ought to be a part of that uniform standard.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
1
Very Positive
Harvard-IV (Absolute)
1
Very Positive
Harvard-IV (Logit)
2.56495
VADER
0.7
Very Positive
Moderation
Violence > Graphic
0.0627202739
OpenAI Moderation v1 (007)
Violence
0.0376465236
OpenAI Moderation v1 (007)
Harassment
0.0121134493
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0100361103
OpenAI Moderation v1 (007)
Sexual
0.0079257523
OpenAI Moderation v1 (007)
Hate
0.0021949492
OpenAI Moderation v1 (007)
Sexual > Minors
0.0007812931
OpenAI Moderation v1 (007)
Self-Harm
0.0006450335
OpenAI Moderation v1 (007)
Hate > Threatening
3.16161E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
1.24201E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.4902E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
24.248
Magnitude:
15
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
27.7
Gunning-Fog Score
19
Coleman-Liau Index
11.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
5.4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
11

Richard Bryan

Unfortunately, what we have done, in each and every case, is opted for the lowest common denominator of protection. If the statute of limitations is longer at the State level, we have preempted it and limited the statute of limitations. If the State provides for liability against those who are accomplices, we take that cause of action away from the small investor. If the State allows for joint and several recovery against each and every one of those involved in the fraud, we take that away from the small investor.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.3979
Harvard-IV (Relative)
-0.27273
Slightly Negative
Harvard-IV (Absolute)
-0.27273
Slightly Negative
Harvard-IV (Logit)
-0.51083
VADER
-0.889
Very Negative
Moderation
Violence
0.4623066634
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1826762804
OpenAI Moderation v1 (007)
Violence > Graphic
0.1453906414
OpenAI Moderation v1 (007)
Harassment
0.019662347
OpenAI Moderation v1 (007)
Sexual
0.0195752888
OpenAI Moderation v1 (007)
Hate
0.0095878975
OpenAI Moderation v1 (007)
Self-Harm
0.0033642449
OpenAI Moderation v1 (007)
Hate > Threatening
0.0020944532
OpenAI Moderation v1 (007)
Sexual > Minors
0.0012239335
OpenAI Moderation v1 (007)
Self-Harm > Intent
5.22384E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.04579E-5
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
47.7
Gunning-Fog Score
15.2
Coleman-Liau Index
11.7
SMOG Index
12
Automated Readability Index
11.8
Dale-Chall Readability Score
5.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
23
Sprache Difficult Word Count
23

Richard Bryan

So it is my view that this is part of an ongoing process in which we have, in my judgment, left the small investor high and dry in many cases if this legislation passes.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence
0.0705309096
OpenAI Moderation v1 (007)
Violence > Graphic
0.0337776815
OpenAI Moderation v1 (007)
Sexual
0.0088105175
OpenAI Moderation v1 (007)
Hate
0.002918385
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0020889358
OpenAI Moderation v1 (007)
Harassment
0.0016418599
OpenAI Moderation v1 (007)
Sexual > Minors
0.0015420286
OpenAI Moderation v1 (007)
Hate > Threatening
8.70036E-5
OpenAI Moderation v1 (007)
Self-Harm
7.75278E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.416E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.924E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
28.161
Magnitude:
21
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
62.8
Gunning-Fog Score
16
Coleman-Liau Index
7.2
SMOG Index
11.3
Automated Readability Index
12
Dale-Chall Readability Score
4
Sprache Readability Score
5
Dale-Chall Difficult Word Score
5
Sprache Difficult Word Count
6

Richard Bryan

I must say that when you look at the trend line following the 1995 legislative enactments, you can see that pattern unfold. The Lampf decision, which shocked the SEC and others, limited the statute of limitations to 1 year from the time of discovery of the fraud to 3 years. The SEC recognized that that is an unreasonable period of time. And those who argued several years ago for comprehensive reforms said, "Look, we'll address the statute of limitations at that point." We tried, Madam President, in 1995 to address the statute of limitations, but we were rebuffed. Now this legislation takes the longer statute of limitations, available in 33 out of 50 States, away from those small investors.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.94444
Harvard-IV (Relative)
-0.69231
Very Negative
Harvard-IV (Absolute)
-0.69231
Very Negative
Harvard-IV (Logit)
-1.52606
VADER
-0.579
Very Negative
Moderation
Violence
0.7778990082
OpenAI Moderation v1 (007)
Harassment
0.7050072309
OpenAI Moderation v1 (007)
Hate
0.0477285241
OpenAI Moderation v1 (007)
Violence > Graphic
0.0379273726
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0306838949
OpenAI Moderation v1 (007)
Self-Harm
0.0105381114
OpenAI Moderation v1 (007)
Sexual
0.0087125984
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0015069764
OpenAI Moderation v1 (007)
Hate > Threatening
0.0007098822
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001416406
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001293344
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
95.451
Magnitude:
64
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.8
Flesch-Kincaid Ease
60.2
Gunning-Fog Score
14
Coleman-Liau Index
11.3
SMOG Index
12
Automated Readability Index
10.1
Dale-Chall Readability Score
5.6
Sprache Readability Score
5
Dale-Chall Difficult Word Score
35
Sprache Difficult Word Count
32

Richard Bryan

The Supreme Court, in the Central Bank case, held that there is no ability to hold accomplices liable. We tried to provide for aider and abetter coverage. The SEC strongly supports that. We were told that when we redid the Federal securities laws that that would be included. My colleague from Maryland and I tried, and we were rebuffed in that effort.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.33333
Somewhat Positive
Harvard-IV (Absolute)
0.33333
Somewhat Positive
Harvard-IV (Logit)
0.61904
VADER
0.859
Very Positive
Moderation
Violence
0.3188561415
OpenAI Moderation v1 (007)
Harassment
0.2342031337
OpenAI Moderation v1 (007)
Hate
0.0107083833
OpenAI Moderation v1 (007)
Violence > Graphic
0.0073905278
OpenAI Moderation v1 (007)
Harassment > Threatening
0.007192052
OpenAI Moderation v1 (007)
Sexual
0.0006662391
OpenAI Moderation v1 (007)
Self-Harm
0.0002263998
OpenAI Moderation v1 (007)
Self-Harm > Intent
2.89028E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.56551E-5
OpenAI Moderation v1 (007)
Sexual > Minors
2.7304E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.4401E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.204
Magnitude:
85
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
6.9
Flesch-Kincaid Ease
67.3
Gunning-Fog Score
9.5
Coleman-Liau Index
11.1
SMOG Index
10.9
Automated Readability Index
6.3
Dale-Chall Readability Score
5.7
Sprache Readability Score
4
Dale-Chall Difficult Word Score
20
Sprache Difficult Word Count
23

Richard Bryan

Joint and several liability, eliminated in the 1995 act. Civil RICO, eliminated. Discovery provisions, limited. In 1996, we made a determination to divide some of the regulatory responsibility between State and Federal authorities.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-0.25
Slightly Negative
Harvard-IV (Absolute)
-0.25
Slightly Negative
Harvard-IV (Logit)
-0.45199
VADER
0
Neutral
Moderation
Violence
0.0997581868
OpenAI Moderation v1 (007)
Violence > Graphic
0.0945729436
OpenAI Moderation v1 (007)
Harassment
0.0787732366
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0130651009
OpenAI Moderation v1 (007)
Self-Harm
0.0087421351
OpenAI Moderation v1 (007)
Hate
0.0080323494
OpenAI Moderation v1 (007)
Sexual
0.0075344346
OpenAI Moderation v1 (007)
Sexual > Minors
0.0008678075
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0006510889
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.39929E-5
OpenAI Moderation v1 (007)
Hate > Threatening
3.21454E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.497
Magnitude:
69
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
8.8
Gunning-Fog Score
16.6
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
8.8
Dale-Chall Readability Score
7.1
Sprache Readability Score
2.9
Dale-Chall Difficult Word Score
14
Sprache Difficult Word Count
15

Richard Bryan

In 1998, we are here with S. 1260, which I think is the coup de grace in terms of small investor protection. So I must say that I am greatly disturbed by this threat. I believe that small investors ultimately will pay the price.
Sentiment
Loughran McDonald (Relative)
-0.33333
Somewhat Negative
Loughran McDonald (Absolute)
-0.33333
Somewhat Negative
Loughran McDonald (Logit)
-0.51083
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
-0.119
Leans Negative
Moderation
Harassment
1.897552982
OpenAI Moderation v1 (007)
Violence
0.5842200946
OpenAI Moderation v1 (007)
Harassment > Threatening
0.1031202381
OpenAI Moderation v1 (007)
Violence > Graphic
0.039496625
OpenAI Moderation v1 (007)
Hate
0.0275454222
OpenAI Moderation v1 (007)
Self-Harm
0.0080458878
OpenAI Moderation v1 (007)
Sexual
0.005902195
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0008205536
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004884393
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0003189052
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002276958
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
94.311
Magnitude:
50
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
3.5
Flesch-Kincaid Ease
89.9
Gunning-Fog Score
8.9
Coleman-Liau Index
7.1
SMOG Index
9.7
Automated Readability Index
2.4
Dale-Chall Readability Score
4.1
Sprache Readability Score
2.9
Dale-Chall Difficult Word Score
10
Sprache Difficult Word Count
11

Richard Bryan

It is often said that those of us who oppose this legislation must be working for those nefarious trial lawyers. Let's take a look at the groups who support the position that the senior Senator from Maryland and I take. The American Association of Retired Persons. When I attend one of their meetings, I haven't seen a single retired lawyer in attendance. The AFL-CIO, the American Federation of State County and Municipal Workers, Consumer Federation of America, Consumers Union, and many, many others, as you can see, particularly those involved with the State retirement associations, including the Public Employees Retirement System, the League of Cities, the National Association of Counties and Municipal Treasuries.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0.06667
Neutral
Harvard-IV (Absolute)
0.06667
Neutral
Harvard-IV (Logit)
0.12516
VADER
0.557
Very Positive
Moderation
Violence > Graphic
0.0494702486
OpenAI Moderation v1 (007)
Harassment
0.0441075012
OpenAI Moderation v1 (007)
Violence
0.0412319088
OpenAI Moderation v1 (007)
Hate
0.0164328289
OpenAI Moderation v1 (007)
Sexual
0.0032303567
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0021370779
OpenAI Moderation v1 (007)
Sexual > Minors
0.000228356
OpenAI Moderation v1 (007)
Hate > Threatening
7.00162E-5
OpenAI Moderation v1 (007)
Self-Harm
9.5559E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.9617E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
9.303E-7
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
83.697
Magnitude:
15
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
27.9
Gunning-Fog Score
13
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
39
Sprache Difficult Word Count
39

Richard Bryan

Let me read a paragraph from a letter that the able Senator from Maryland introduced, coming from the Government Finance Officers Association, the Municipal Treasurers'Association, National Association of Counties, National Association of County Treasurers, National Association of State Retirement Administrators, National Conference on Public Employee Retirement System, National League of Cities, U.S. Conference of Mayors. They raise many of the same objections that I have outlined today, as has my colleague from Maryland.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
0.5
Positive
Harvard-IV (Absolute)
0.5
Positive
Harvard-IV (Logit)
1.02165
VADER
0.103
Leans Positive
Moderation
Violence
0.1700690831
OpenAI Moderation v1 (007)
Violence > Graphic
0.0417763949
OpenAI Moderation v1 (007)
Harassment
0.0241662812
OpenAI Moderation v1 (007)
Hate
0.0151866843
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0090604408
OpenAI Moderation v1 (007)
Sexual
0.0059600952
OpenAI Moderation v1 (007)
Self-Harm
0.001367147
OpenAI Moderation v1 (007)
Sexual > Minors
0.000290286
OpenAI Moderation v1 (007)
Self-Harm > Intent
8.68374E-5
OpenAI Moderation v1 (007)
Hate > Threatening
7.23615E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
7.20052E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.073
Magnitude:
59
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
14.3
Gunning-Fog Score
9.6
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
29
Sprache Difficult Word Count
26

Richard Bryan

Here is their comment:
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Harassment
0.5367014091
OpenAI Moderation v1 (007)
Violence
0.510858139
OpenAI Moderation v1 (007)
Violence > Graphic
0.1931122621
OpenAI Moderation v1 (007)
Harassment > Threatening
0.059046637
OpenAI Moderation v1 (007)
Hate
0.0297578605
OpenAI Moderation v1 (007)
Sexual
0.0072787538
OpenAI Moderation v1 (007)
Self-Harm
0.0022070077
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0019656069
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0012400352
OpenAI Moderation v1 (007)
Sexual > Minors
0.0006668354
OpenAI Moderation v1 (007)
Hate > Threatening
0.0004676571
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
92.841
Magnitude:
72
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
0.7
Flesch-Kincaid Ease
97
Gunning-Fog Score
1.6
Coleman-Liau Index
10.6
SMOG Index
3.3
Automated Readability Index
1.8
Dale-Chall Readability Score
4.1
Sprache Readability Score
1.2
Dale-Chall Difficult Word Score
1
Sprache Difficult Word Count
1

Richard Bryan

We are talking about taxpayer dollars. We are not talking about litigious plaintiffs. We are talking about pension funds, municipal State funds in which those entities have been defrauded and now will be provided much less protection to recover tax dollars -- dollars belonging to each and every citizen who is a part of that group.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0.06
Neutral
Moderation
Harassment
0.0079324585
OpenAI Moderation v1 (007)
Violence
0.0043728825
OpenAI Moderation v1 (007)
Violence > Graphic
0.0040823779
OpenAI Moderation v1 (007)
Sexual
0.002027291
OpenAI Moderation v1 (007)
Hate
0.0013909412
OpenAI Moderation v1 (007)
Sexual > Minors
0.0008441689
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007591989
OpenAI Moderation v1 (007)
Self-Harm
0.0004710778
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001250615
OpenAI Moderation v1 (007)
Hate > Threatening
4.60057E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
4.13247E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
90.311
Magnitude:
43
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11.1
Flesch-Kincaid Ease
48.3
Gunning-Fog Score
16.1
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
10.9
Dale-Chall Readability Score
5.8
Sprache Readability Score
4.3
Dale-Chall Difficult Word Score
17
Sprache Difficult Word Count
17

Richard Bryan

Let me address one final point here as we conclude this discussion. One of the concerns that has been expressed is that there is no adequate assurance that liability will continue to exist against those who are reckless in their conduct. Now, that is a standard more egregious than simple negligence, more egregious than gross negligence. We are talking about conduct that is reckless in nature.
Sentiment
Loughran McDonald (Relative)
-0.55556
Very Negative
Loughran McDonald (Absolute)
-0.55556
Very Negative
Loughran McDonald (Logit)
-1.09861
Harvard-IV (Relative)
-0.14286
Leans Negative
Harvard-IV (Absolute)
-0.14286
Leans Negative
Harvard-IV (Logit)
-0.26826
VADER
-0.817
Very Negative
Moderation
Harassment > Threatening
0.2705801977
OpenAI Moderation v1 (007)
Violence
0.1592261833
OpenAI Moderation v1 (007)
Harassment
0.0691131689
OpenAI Moderation v1 (007)
Violence > Graphic
0.0093227944
OpenAI Moderation v1 (007)
Hate
0.0031683583
OpenAI Moderation v1 (007)
Hate > Threatening
0.0011573949
OpenAI Moderation v1 (007)
Sexual
0.000307718
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002548121
OpenAI Moderation v1 (007)
Self-Harm
9.3292E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
6.87852E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.27067E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
96.196
Magnitude:
32
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
9.4
Flesch-Kincaid Ease
56.8
Gunning-Fog Score
12.1
Coleman-Liau Index
12
SMOG Index
11.8
Automated Readability Index
9.9
Dale-Chall Readability Score
6.3
Sprache Readability Score
4.1
Dale-Chall Difficult Word Score
23
Sprache Difficult Word Count
18

Richard Bryan

Prior to 1995, when the Private Securities Litigation Reform Act was enacted, 11 of 13 circuits in this country had addressed the issue and had concluded that there was a cause of action for those who are guilty of reckless misconduct. The 1995 legislation, because it talked about a specific pleading standard, has created some confusion. Following the 1995 enactment, several district courts have concluded that no longer is there liability for reckless misconduct.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.83321
Harvard-IV (Relative)
-0.25
Slightly Negative
Harvard-IV (Absolute)
-0.25
Slightly Negative
Harvard-IV (Logit)
-0.45199
VADER
-0.875
Very Negative
Moderation
Harassment
0.4676945508
OpenAI Moderation v1 (007)
Violence
0.1050727675
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0361233106
OpenAI Moderation v1 (007)
Hate
0.0208147467
OpenAI Moderation v1 (007)
Violence > Graphic
0.0101569283
OpenAI Moderation v1 (007)
Sexual
0.0010540382
OpenAI Moderation v1 (007)
Self-Harm
0.000335213
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001882857
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001461854
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.000127482
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0001092438
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
83.95
Magnitude:
69
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
44.6
Gunning-Fog Score
16.4
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
7.2
Sprache Readability Score
5
Dale-Chall Difficult Word Score
28
Sprache Difficult Word Count
27

Richard Bryan

Now, the proponents of this legislation say that they do not intend that as a consequence. And I accept their representation. However, we have tried to get into this bill a provision crafted by the SEC defining "reckless" to make it absolutely sure that "reckless" is protected. Their response? If the courts strike down "reckless" we will remedy it.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.94591
Harvard-IV (Relative)
-0.09091
Neutral
Harvard-IV (Absolute)
-0.09091
Neutral
Harvard-IV (Logit)
-0.16705
VADER
-0.209
Slightly Negative
Moderation
Harassment > Threatening
0.0101644378
OpenAI Moderation v1 (007)
Harassment
0.0100499783
OpenAI Moderation v1 (007)
Violence
0.0068085712
OpenAI Moderation v1 (007)
Hate
0.0012501624
OpenAI Moderation v1 (007)
Violence > Graphic
0.0009743789
OpenAI Moderation v1 (007)
Self-Harm
0.000903952
OpenAI Moderation v1 (007)
Sexual
0.0006417544
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001011896
OpenAI Moderation v1 (007)
Sexual > Minors
6.53319E-5
OpenAI Moderation v1 (007)
Hate > Threatening
4.31594E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
8.451E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
65.37
Magnitude:
94
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Topic:
Domestic Commerce
Score:
21.737
Magnitude:
94
Code:
15
Url:
https://fsc.al/cap-mc#15
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
7.6
Flesch-Kincaid Ease
61.5
Gunning-Fog Score
12.2
Coleman-Liau Index
12
SMOG Index
11.7
Automated Readability Index
6.7
Dale-Chall Readability Score
4.9
Sprache Readability Score
3.6
Dale-Chall Difficult Word Score
16
Sprache Difficult Word Count
19

Richard Bryan

I never impugn anyone's good faith, but I am a product of the experience that I have had in this legislation. We were told back in the 1990s that we would address the statute of limitation problem when we looked at comprehensive legislation to correct that. It did not occur. We were told after the Central Bank case that we will address the problem in which aiders and accomplices are no longer liable under the law. We were rejected in that effort. So I must say I find my comfort level not very high if the courts intend that. It seems to me if we are in earnest in wanting to protect that "reckless" standard, it is terribly important we use a definition which the SEC has provided. Let's make it part of this legislation.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
0.2
Leans Positive
Harvard-IV (Absolute)
0.2
Leans Positive
Harvard-IV (Logit)
0.38566
VADER
-0.88
Very Negative
Moderation
Violence
0.0346988381
OpenAI Moderation v1 (007)
Harassment
0.0137895971
OpenAI Moderation v1 (007)
Sexual
0.0093988827
OpenAI Moderation v1 (007)
Violence > Graphic
0.0050384398
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0004385188
OpenAI Moderation v1 (007)
Hate
0.0002288125
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002252182
OpenAI Moderation v1 (007)
Self-Harm
4.16643E-5
OpenAI Moderation v1 (007)
Hate > Threatening
1.1573E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
9.031E-7
OpenAI Moderation v1 (007)
Self-Harm > Instructions
6.56E-8
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7.9
Flesch-Kincaid Ease
68.1
Gunning-Fog Score
10.6
Coleman-Liau Index
9.2
SMOG Index
10.5
Automated Readability Index
7
Dale-Chall Readability Score
4.5
Sprache Readability Score
5
Dale-Chall Difficult Word Score
31
Sprache Difficult Word Count
33

Richard Bryan

I am not unmindful of the fact that this bill is a train that is leaving the station. It will pass and it will be signed into law. But it would be a tragic mistake not to make absolutely sure that "reckless" is included. I believe a fair reading of the 1995 legislation should not give rise to an inference that "reckless" has somehow been changed. I don't believe that was the intent. The authors of this legislation say it is not true, but even when we try to get it moved into the findings of the legislation, we get resistance, so I have concern.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-2.56495
Harvard-IV (Relative)
-0.23077
Slightly Negative
Harvard-IV (Absolute)
-0.23077
Slightly Negative
Harvard-IV (Logit)
-0.43532
VADER
-0.523
Very Negative
Moderation
Violence
0.0782423362
OpenAI Moderation v1 (007)
Violence > Graphic
0.0307201612
OpenAI Moderation v1 (007)
Harassment
0.0083653838
OpenAI Moderation v1 (007)
Hate
0.001063205
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0007369605
OpenAI Moderation v1 (007)
Sexual
0.0007243867
OpenAI Moderation v1 (007)
Self-Harm
0.0001874685
OpenAI Moderation v1 (007)
Sexual > Minors
2.44661E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.27832E-5
OpenAI Moderation v1 (007)
Self-Harm > Intent
4.5168E-6
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.576E-7
OpenAI Moderation v1 (007)
Readability
Flesch-Kincaid Grade
7.2
Flesch-Kincaid Ease
74.7
Gunning-Fog Score
10.4
Coleman-Liau Index
8.2
SMOG Index
10.3
Automated Readability Index
6.5
Dale-Chall Readability Score
3.6
Sprache Readability Score
4.6
Dale-Chall Difficult Word Score
18
Sprache Difficult Word Count
22

Richard Bryan

Let me conclude by saying this is a piece of legislation which is a solution in search of a problem, overly broad and dangerous to millions of small investors in America.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
-0.6
Very Negative
Harvard-IV (Absolute)
-0.6
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
-0.542
Very Negative
Moderation
Violence > Graphic
0.0523476745
OpenAI Moderation v1 (007)
Harassment
0.0475316221
OpenAI Moderation v1 (007)
Violence
0.0299994485
OpenAI Moderation v1 (007)
Hate
0.0086389766
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0077375538
OpenAI Moderation v1 (007)
Self-Harm
0.003820761
OpenAI Moderation v1 (007)
Sexual
0.0026957681
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0006000043
OpenAI Moderation v1 (007)
Sexual > Minors
0.0001705466
OpenAI Moderation v1 (007)
Self-Harm > Instructions
5.87439E-5
OpenAI Moderation v1 (007)
Hate > Threatening
2.47844E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
97.052
Magnitude:
80
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
12
Flesch-Kincaid Ease
38.9
Gunning-Fog Score
19
Coleman-Liau Index
10.4
SMOG Index
12
Automated Readability Index
12
Dale-Chall Readability Score
6.1
Sprache Readability Score
5
Dale-Chall Difficult Word Score
9
Sprache Difficult Word Count
11

Richard Bryan

I yield the floor and reserve whatever time remains.
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
-1
Very Negative
Harvard-IV (Absolute)
-1
Very Negative
Harvard-IV (Logit)
-1.09861
VADER
0
Neutral
Moderation
Harassment
0.1829394605
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0559876091
OpenAI Moderation v1 (007)
Violence
0.0377737131
OpenAI Moderation v1 (007)
Violence > Graphic
0.020174167
OpenAI Moderation v1 (007)
Self-Harm
0.012737661
OpenAI Moderation v1 (007)
Sexual
0.0058589474
OpenAI Moderation v1 (007)
Hate
0.0057650719
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0015101067
OpenAI Moderation v1 (007)
Sexual > Minors
0.0002473814
OpenAI Moderation v1 (007)
Self-Harm > Instructions
0.0002264525
OpenAI Moderation v1 (007)
Hate > Threatening
0.0001459671
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
79.141
Magnitude:
84
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
5
Flesch-Kincaid Ease
75.5
Gunning-Fog Score
8
Coleman-Liau Index
12
SMOG Index
9
Automated Readability Index
5.6
Dale-Chall Readability Score
5.7
Sprache Readability Score
2.1
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
4

Richard Bryan

(Mr. FAIRCLOTH assumed the chair.)
Sentiment
Loughran McDonald (Relative)
0
Neutral
Loughran McDonald (Absolute)
0
Neutral
Loughran McDonald (Logit)
0
Harvard-IV (Relative)
0
Neutral
Harvard-IV (Absolute)
0
Neutral
Harvard-IV (Logit)
0
VADER
0
Neutral
Moderation
Violence > Graphic
0.074221642
OpenAI Moderation v1 (007)
Violence
0.0398987497
OpenAI Moderation v1 (007)
Harassment
0.0352047588
OpenAI Moderation v1 (007)
Sexual
0.0096607953
OpenAI Moderation v1 (007)
Hate
0.0082336279
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0019074248
OpenAI Moderation v1 (007)
Self-Harm
0.0017156635
OpenAI Moderation v1 (007)
Sexual > Minors
0.0008644457
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001256953
OpenAI Moderation v1 (007)
Hate > Threatening
5.81631E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
2.93141E-5
OpenAI Moderation v1 (007)
Topics
Topic:
Law and Crime
Score:
86.955
Magnitude:
91
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
1.9
Flesch-Kincaid Ease
85.9
Gunning-Fog Score
1
Coleman-Liau Index
12
SMOG Index
3.3
Automated Readability Index
4.3
Dale-Chall Readability Score
9.6
Sprache Readability Score
1.2
Dale-Chall Difficult Word Score
3
Sprache Difficult Word Count
3

Dianne Feinstein

Mr. President, I rise today to lend my support to S. 1260, the Securities Litigation Uniform Standards Act. This legislation, introduced by Senator Gramm and Senator Dodd, is essential to my state of California, providing needed uniform national standards in securities fraud class actions.
Sentiment
Loughran McDonald (Relative)
-1
Very Negative
Loughran McDonald (Absolute)
-1
Very Negative
Loughran McDonald (Logit)
-1.60944
Harvard-IV (Relative)
0.55556
Very Positive
Harvard-IV (Absolute)
0.55556
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.128
Leans Positive
Moderation
Harassment
0.0262087851
OpenAI Moderation v1 (007)
Violence > Graphic
0.0094473238
OpenAI Moderation v1 (007)
Sexual
0.0025691163
OpenAI Moderation v1 (007)
Hate
0.0023857505
OpenAI Moderation v1 (007)
Violence
0.001867127
OpenAI Moderation v1 (007)
Sexual > Minors
0.001172646
OpenAI Moderation v1 (007)
Harassment > Threatening
0.000259316
OpenAI Moderation v1 (007)
Self-Harm
5.44362E-5
OpenAI Moderation v1 (007)
Self-Harm > Instructions
1.10738E-5
OpenAI Moderation v1 (007)
Hate > Threatening
9.1888E-6
OpenAI Moderation v1 (007)
Self-Harm > Intent
7.6086E-6
OpenAI Moderation v1 (007)
Topics
Topic:
Government Operations
Score:
37.789
Magnitude:
42
Code:
20
Url:
https://fsc.al/cap-mc#20
Source:
Comparative Agendas
Topic:
Law and Crime
Score:
30.795
Magnitude:
42
Code:
12
Url:
https://fsc.al/cap-mc#12
Source:
Comparative Agendas
Readability
Flesch-Kincaid Grade
11
Flesch-Kincaid Ease
36.1
Gunning-Fog Score
11.7
Coleman-Liau Index
12
SMOG Index
12
Automated Readability Index
9.1
Dale-Chall Readability Score
8.4
Sprache Readability Score
3.9
Dale-Chall Difficult Word Score
22
Sprache Difficult Word Count
23

Dianne Feinstein

In 1995, with my support, Congress successfully passed the Securities Litigation Reform Act. The 1995 Act provided relief to American companies hit with frivolous, or nuisance, lawsuits.
Sentiment
Loughran McDonald (Relative)
-0.5
Very Negative
Loughran McDonald (Absolute)
-0.5
Very Negative
Loughran McDonald (Logit)
-0.8473
Harvard-IV (Relative)
0.55556
Very Positive
Harvard-IV (Absolute)
0.55556
Very Positive
Harvard-IV (Logit)
1.09861
VADER
0.832
Very Positive
Moderation
Harassment
0.0312036689
OpenAI Moderation v1 (007)
Sexual
0.028967383
OpenAI Moderation v1 (007)
Violence
0.0288919167
OpenAI Moderation v1 (007)
Harassment > Threatening
0.0137761657
OpenAI Moderation v1 (007)
Violence > Graphic
0.0044723405
OpenAI Moderation v1 (007)
Hate
0.0011220674
OpenAI Moderation v1 (007)
Sexual > Minors
0.0009242348
OpenAI Moderation v1 (007)
Self-Harm > Intent
0.0001764596
OpenAI Moderation v1 (007)
Self-Harm
0.0001330799
OpenAI Moderation v1 (007)
Hate > Threatening
8.23768E-5
OpenAI Moderation v1 (007)