I would also like to have some statistics on asset-backed commercial paper. Our goal is to try to understand the situation.
I stated that I had come to the conclusion that there were no regulations. Rating agencies are not regulated by any organization. Correct me if I am wrong. In your presentation, you stated that a national regulatory body would be a coherent, effective and efficient means of regulating the rating agency sector.
Would that be something new? Does it already exist? Do you believe you need regulations?