In this case there may be time for Mr. Rota at the end.
I'm sorry you've had to be here today. I think we all understand and we have a better picture, so we thank you for your efforts. They are not falling on deaf ears.
Mr. Phatak, you never had a chance to finish your presentation, but I thought it was interesting, as were all the others. One of the areas touched on by Ms. Johannink and Mr. Hanrieder was the issue of swaps and derivative markets. In particular, you all cited the concern you have with the credit default system.
This is not federal jurisdiction yet. It could be, but there is some debate about this, and the Province of Ontario has moved ahead, as has the U.S. government with the Dodd–Frank act, which apparently is not getting a lot of attention here in Canada.
As to specific amendments in that area, what, Mr. Phatak, would you propose the government do beyond Bill C-501? I think there is a general concern about the limitations going backwards for Nortel workers and for other workers as well.