they used to get the first read on thomson reuters university of michigan surveys. market-moving events somehow those were sold to them by the exchanges. so they can get the first read and could trade a nanosecond ahead of everybody or second ahead of everybody. he wants to end that. he wants to end other sorts of advantages, including speed advantage. he wants to moderate that. maybe not a nanosecond but a quarter of a second. i don't know exactly. these are things he wants to do. we should point out this is much more of a beginning investigation. it is going to take a while. we have multiple other investigations going on. the securities & exchange commission is looking at this. the doj is looking a this. if there is one thing i can say about the investigations into high frequency trading regulators are bumping up against reality. the reality is, a lot of this stuff is legal. the other reality is, michael lewis's book, that it a big scam and rigged in markets most people believe it is not true. the other reality is, i don't believe, they're not sure, even if given