I do think it is--and I know this does not directly affect you gentlemen. My understanding, though, is that the promulgation of the regulations does create the possibility that end users will have margin requirements in some cases, but not necessarily be required to use clearinghouse, but have margin requirements, and I do think that is a potentially big problem.
Toomey expresses concern about margin requirements for end users due to new regulations.
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I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
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