Thank you, Mr. Chairman.
And thank you for coming today.
I'll start from the back of your presentation, and this follows up on Monsieur Crête's question. You've mentioned a couple of times now the need for a common securities regulator, which a panel is currently reviewing. Will this issue of asset-backed paper be a case study for them? Is this the type of issue or problem they will be addressing in their recommendations, or how are they dealing with this? Do you have any concept of that?