Maybe I'll do it now, because the question I'm going to ask builds on Mr. Hsu's questions.
Mr. McCauley, Mr. Hsu asked you questions concerning the nature of the maximum fee to be prescribed by regulations. My questions are going to be about those who would be exempted. The regulation contemplates certain promoters being exempted, and I wondered if you'd given any thought to whether that would be done by way of criteria being named in the regulation, or would there be categories of promoters that you're contemplating exempting?
I wasn't sure if you'd given any thought to how that would work.