Richard Shelby actually said...

Chairman Gensler and SEC Chairman Mary Schapiro have jointly created widespread uncertainty about the regulation of derivatives.

So you really did not know what was going on or the problem with the trade until you read the press reports like all of us?

Where was the SEC here? Did they know what was going on? And if not, why not?

I would like to go back to MF Global, if I could, Mr. Chairman.