Thank you very much, Mr. Paterson.
I'm going to take that glitch as my cue to move on to my other questions for Ms. Corrigall-Brown.
Ms. Corrigall-Brown, you're obviously representing the B.C. Securities Commission. I know that the overall structure of the securities system in Canada is outside of the scope of this study. From a fraud and scam prevention perspective, and with just looking at things that fall under securities regulators, I wonder whether there is a problem we're facing in Canada, in that we have a patchwork of regulators and regulations when so many of these frauds and scams are national in nature, or global even.