All right.
My question is to all of the witnesses.
The existing regulator has a choice. It can either disband, in which case the government would form a new regulator, or it can transition into the new regulator. The problem I see is that, around this table, the existing regulator hasn't been held in the highest esteem, for different reasons. That's why we've had a number of hearings at this committee.
Should we have confidence that this new body will succeed where the current regulator has failed with essentially the same people at the top?