We have focused on the securities industry simply because most Canadians own mutual funds, and as Larry has pointed out, people are losing billions of dollars investing in mutual funds.
The problem in Canada is that we don't have one single regulator. In Quebec, they're a bit closer to the truth, because they have one regulator that clients or customers can go to. In Canada, we have 13 provincial regulators for securities. We do have a secretariat in Montreal, but they will refer people to the provincial regulators. So there's no one source that people can go to.
However, the real problem is that the industry is based on selling product, and that is getting into the banks now, where they're based on selling product rather than being a trusted organization that customers can go to and expect that they will get the best advice. That's the fundamental problem. They're selling products instead of helping customers by giving them sound advice.