mr. roth. congress passed the dodd-frank bill using the logic that more rules and regulations are an adequate substitute for enforcing existing laws. right now, the cftc is writing new rules at a furious pace. but in the case of mf global, they failed to enforce a most basic of rules that monitor commodities accounts. in your opinion, how did the new rules and regulations written by the cftc benefit producers into areas and make those who lie on small local areas for credit? >> i believe that the explanation is above my pay grade. i cannot -- i will tend to venture an answer nonetheless. i can tell you -- i have been in the regulatory process of futures for a long time. and i know that whenever bad things happen there is a tendency to write new rules. that is sometimes pretty helpful. i think that the rules that we are proposing here are very helpful rules. ultimately it comes down to a matter of enforcement. i don't care what set of rules you have, ultimately, at the end of the day, it is abou