and i'll let aerel comment on that. >> i think you answered that really well actually. so, i do not add much. >> thank you, i would like to ask mr. clancy from the trust and clearing corporation, you mentioned that three of dtccs subsidiary companies have received notice that they are being considered as important utilities and recognizing that the new risk management stories for the designated fmu's are being developed, what is your expectation to the extent that these standards will address information security issues? >> thank you. my expectation is that their focus is very much to financial aspects so market, risk and liquidity risk and the like. i'm not certain they will get into the subsidiary issues. that is something -- so my expectation is that it will be addressed, from our perspective we looked at the risk that they pose to the u.s. financial system and global system and try to elevate our control in those threats. >> in a general sense when a cyber attack occurs, do you tell your customers or if private information is extracted on some of your clients, what