Thank you, Mr. Chair.
Thank you, gentlemen, for being here today.
We've heard stories somewhat similar to this for most of the last six weeks when we've been doing these hearings, but I don't think we have heard anything as specific as what you've talked about.
We've talked at different times about the process, and we've talked about the amount of regulation. I'm going to ask you a question I've asked a couple of other people. Is there an issue with the process, or do we just have too much regulation? The process can be fixed. Is there just too much regulation, or is it a combination of the two?
I'll ask you to keep your answers fairly short, because we don't have a lot of time.