David Scott actually said...

We support regulations designed to enhance customer protections in the event of a failing futures commission merchant.

So, as we do not have the FIA here to testify, can you explain to the Committee how this proposal accomplishes what the CFTC is aiming for i...

Unfortunately, it is in an area in which we have seen several startling lapses in oversight recently.

Ultimately, the strongest deterrent you can have is criminal enforcement of rules.