dr. volker. thanks for being here. i've read some of the comments that you made spfkly about the volker rule. i know we had a chance to talk about this. >> i'm glad somebody read those comments. >> yes, sir. i read them all the time. what's happened here is there's been consensus around the fact that prop trading is out the door. that's one of the major contributions that you have made to this debate. what's happening as the regulators wrestle with this and some of the regulators have differing agendas than others, there really has been attempts by some to really do away with market making itself. i think you've had some comments about that. i wonder if in front of this committee you might dif rirnt between the two. it's my sense you had no intentions to do away with legitimate market making. but prop trading was the focus of what you were trying to do. >> that is correct. i'm not involved obviously in writing the rules. i'm sure it got very complex. maybe an effort to try to identify particular transactions in a way th