I haven't spent a lot of time analyzing the issue of the institutional structure going forward, but from what I understand from both the testimony you've had here recently from Ms. Scott from the commission and from Mr. Intven, one of the authors of the report, they believe moving to that kind of penalty just described, in the future, would be appropriate, although I note as well that Mr. Intven seemed comfortable that certain measures could go forth, such as this kind of deregulatory measure, before that institution was fully in place.
On February 26th, 2007. See this statement in context.