Carl Levin actually said...

Which is a little different from what you said, which is that they 'get the information on those positions on a regular and recurring basis....

A large jump in risk limit breaches is a worrisome pattern.

Yes, absolutely. And it is important for us as the regulator to know what the actual market is and be informed on a timely basis.

The responsibility would lie first and foremost with management, to have the proper risk systems and controls, proper reporting.