Well, I think that--it has never happened, but we cannot rule it out, and we should make sure that--and it is one of the lessons of this crisis, is that we have to make sure that our statutes are up to date so that in an extreme circumstance----
Gensler emphasizes the need for updated statutes for emergency lending.
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The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
If I can say, breaking the law and not liking the law are different than lack of clarity.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.
The CFTC, I love, it is a great agency, but it was set up to do the derivatives.
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