Patrick Toomey actually said...

Is receipt of such a notice a 'material event' that might affect the financial situation or the value of a company's shares in the mind of i...

I understand that, but are you concerned that in the absence of comparable European regulation that we have the opportunity for regulatory a...

Well, I am concerned about this apparent developing disparity between the regulatory regimes.

Thank you very much, Mr. Chairman, for giving me the opportunity in particular to welcome Mr. Thomas Deas.