We usually don't go out and talk about that at great length. That's something a lot of parties obviously talk about. From where I sit, I usually just talk about my own experience.
Certainly I am one person sitting here, not 13 people. So I think there is probably more accountability with one regulator than with 13.
I also think that internationally, when we sit at the Basel table or in other forums, it's easier if you're dealing with one regulator. But that's been my experience.
I do work with the securities commissions on a regular basis, and it's easier with one.