I am sorry, but I will have to speak in English.
Fraud is an issue, and it has many forms in the financial sector. The bad guys are out there and they're very motivated to do bad things, and we are always trying to stay one step ahead of that. The challenge with fraud, and I think it's what you are referring to, is it comes down to an effect of breach of trust—you know, you trust somebody and that trust is broken, and there's a lot of damage. I think the question comes down to, how best do you deal with that?
When you look at the kinds of fraud that have been reported and that have taken place across the country, you have to be very careful how you approach that. I think a lot of the people who have committed fraud were not regulated. They were not registered individuals. They were not within the regulatory scheme. They were doing private deals or side deals.
We have always been of the view that one of the best protectors for consumers is to deal with regulated financial institutions that fall under a proper supervisory regime, whether it's financial institutions or registered and regulated advisers. I would also say, and I hearken back to a question I responded to earlier, that one of the great advantages that we see of a national approach to securities regulation, a Canadian security regulator, is that it would significantly strengthen enforcement and significantly strengthen the capacity to go after the bad guys. So that's how I'd answer your question.