Sure, absolutely. The act goes miles ahead of where we expected it to go, but we very clearly do not have an alternative. It's very simply put in the act that if the current regulator does not adopt it, it will be reinvented, which means it will be set up anyway. Therefore, there's not much of a choice.
However, I think most members will welcome this, because it's a move in the right direction. It's a move to bring in the unscrupulous, and gives you the authority, as Andrew said, to take people to court. We can make international agreements with like-minded countries, where those people who operate with impunity could be taken to task.
We can't eradicate the existence of those people who promote misrepresentation and fraud, but we can at least put a dent in their activities, by making an example of a few.