Thank you for attending today.
My first question will be for Mr. London. The droit de suite was agreed upon in the European Union because if some countries didn't agree, it seemed likely that art would move to those countries to be sold, if they didn't have that right.
The first part of my question is, does the United States have that right? If we were to implement this right, what would be the impact on art sales and the art economy in this country, given our being next to the United States?