Please, we've spent a lot of time on this, so I want to continue, if I may, Chair.
We are the ones who give the orders and the objectives to Mr. Hodgson and his team to get the negotiation done, which ultimately has to be closed by Mr. Macklem and me, because it will be decided at the governor level across many jurisdictions and at the CEO level of banks. So this is a complex negotiation and it's why we needed somebody like him.
And finally, to your mutual point, and I respect your question, as to why we didn't have a cooling off period that was very precise ex ante, the likelihood of Mr. Hodgson going back into the derivatives world, or in fact into the derivatives world, is very low, because he doesn't come from the derivatives world. He has a skill set that applies to multiple things that are away from that world.