The first thing I'll say is that I'm not familiar with that, but just based on the description that you've provided, I don't think self-regulation is a viable path to be following on this. There needs to be government regulation. I think in that sense it's good that we are here talking about part 3 of this act.
I certainly haven't suggested that part 3 should not go forward. What I'm just saying is that it requires its own.... I'm glad its getting a good light shone on it today, but in terms of that, I think the approach of regulation, of government defining rules and then enforcing those rules, is the right approach versus what I understand is being proposed in Europe.