Thank you, Mr. Chair.
Actually, it's fairly straightforward. If the original wording of the bill had remained, it would have meant there were no consequences for the firm. Let's say a fee was established at $5,000 and they charged $5,500. The $500 would have been the penalty, but there's really nothing at risk for them, in as much as they would have paid that back. There would be no consequence beyond that for them. It really wouldn't have been a penalty.
I think the amendment simply adds $1,000 to that, so there is some real consequence. Otherwise, it would be a very small risk to the business.