member countries and the areas of the food industry it can be enormously expensive when we deal with comingled products and that's where we caution and that's where we think the legislation has it absolutely right. let's ask fda to first identify cost benefit because in the end resources are finite. >> right. let me just say because my time is expired. i really hope that all of you will come in and work with us on this particular traceability language because from the -- from the early days of my working on this issue, what you're saying is exactly my view and that we need traceability throughout the industry but we can't have a one size fits all traceability or technology. those things be interoperable and if you have tomatoes and sauces mixed in a salsa and if you have that salsa incorporated in a processed food that's another layer of complexity and then if you have that put into something at a restaurant or any place that's another layer. we do have the technology and we just need to work on it. i hope you all will work with us next week to work on this. thank you for your indulgence, mr.

these funds are comingled with the other assets because customer markets are nor separated they could be lost in defaults. in times of stresses customer will rush to close out positions to cover their margin, this could intensify the problems last pam. the prices at which they could terminate contracts were often extremely unfair. customers now have access to high quality market data in today's pair time. this information is closely held and not broadly available. customers require transaction data and accurate prices to understand the riskiness of their portfolios. without this information, the ability of customerred to prudently manage their portfolios is substantially limited. the large dealers earn extraordinary profit from the lack of transparency in the market place and from the privileged role they play as credit enter immediate years in transactions. the current market structure suits the interests and leaves this customers at a significant disadvantage but the memories of aig, bear stearns, and lehman brothers to name a few, should prompt in fact demand, a swift and thoughtfu

predators and individuals who are at risk and to make sure that those individuals are not combing old -- comingled. host: our guest served in the just department an end the drug control policy in the first bush administration and now u.s. district judge for the district of columbia. if you want to read more you can go to the web sitetonprec.us -- website on nprec.us. this will sunset and the to do list will go to the attorney general. guest: will sunset in 60 days from the released -- from the release date of the report. it is now on the table of the attorney general and he had indeed has an obligation within a year to adopt standards that will be implemented and then a year after that the states and localities have an obligation to also implement standards or else risk losing some of the federal money. host: in chairing the commission, what surprised you the most? guest: unfortunately we have individuals who are charged with protecting individuals when they are incarcerated who themselves are engaging in sexual assault against inmates. i knew that there was a problem with female inmates, for exam