On the recordJanuary 12, 2017
And here is what I would like to point out. The European Union clearly recognizes this conundrum right now. They are launching a call for evidence to investigate the unintended consequences created by their regulatory framework because they are searching for balance in this, too, to make sure that they have retrospective examination. It is prudent. Frankly, as the effectiveness of regulation is measured by outcomes rather than volume in a situation like this, it drives us toward efficiency in the market.





