I'll start. We think that securities regulators do a fairly good job in obtaining administrative penalities for insider trading. Where we think the Canadian system is woefully inadequate is in the criminal prosecution of insider trading.
As you well know, there's movement to create a national securities regulator in Canada. We made a submission to the expert panel looking at that issue, and we advocated that as part of a national securities regulator that a new agency be created that has an administrative branch and a criminal branch. The criminal side could develop the right people with the right expertise who are properly incentivized to pursue these kinds of cases. The problem right now is that prosecution of insider trading under the Criminal Code is left to provincial crowns, who have maybe ten murders ahead of an insider trading case. They have neither the time nor necessarily the expertise to pursue the cases.