Exactly.
Do you know what? One thing that I do want to say to everybody in this room is that we're not in a position to blame anybody, whether it be regulatory or government. We did what we thought was best. We anticipated that by putting this in place we would get a jump on our trading partner. We anticipated that they'd have to come along. That did not happen and is not going to happen.
Their SRM rule took effect at the end of last week. There was not even a ripple down there. Nothing changed. So that's where we're hooked.
We actually thought it would be to our advantage to jump the gun. We might get market access—we “might” get it. But we all assumed. If you put a business model behind it, it looked right, but the best-laid plan was none.