David Scott actually said...

Yes. And so, Mr. Duffy, you are saying that that date puts our U.S. businesses at a competitive disadvantage if we don't move it back?

My concern in this entire harmonization cross-border equivalency issue has been to make sure that our financial firms, our clearinghouses, o...

One of our major concerns is to make sure that our two regulatory agencies themselves can harmonize.

This is indeed an important and very timely hearing.