. >> without objection such is the yoder. >> thank you.itrati mr. cook, my colleague from newl york wasd talking a little bit about arbitration and i'm curious if arbitration clauses were banned in customer contracts could you see potential negative consequences on that and what could they poshlly be? if >> thank you for that question, congressman huizenga. i believe the current status ofg these clauses in arbitration, it requiring ratiarbitration, ion s want to bebe clear, that's not something that finra currently imposes. that's something that happens as a mattererfi of contract and fih doesn't have authority right now to address that. that's something that the sec has authority to address. >> no, i understand that. i understand that. finra does provide faster, less expensive ways to resolve disputes, correct?t?arthat' >> i think we work hard to administer an arbitration program that's fair for but yo investors, that's prompt, that' cost effective.negati >> i understand. so you're not willing to say whether there would be a negative impact on that