Carl Levin actually said...

The banks and Renaissance claim that Renaissance is independent from the fund when it is acting as investment advisor to the banks.

So how can Franconia make an independent judgment of the experience and expertise of RenTec?

Did the banks, either of your banks, from these tens of millions of trades that were executed every year in your accounts for the option bas...

So of the 15 million trades at your bank, the guidelines did not stop any of those trades.