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Cyber espionage. The hack of opm is the latest example. Do the chinese steal our Naval Technology and apply it to their navy, and as a corollary to that, are you aware of any evidence concerning china stealing u. S. Civil Nuclear Technology and diverting it to its nuclear navy . Sir, im not personally aware of any instances of another nation stealing our Nuclear Technology and applying to their navy, including china. That may be happening, im not briefed on any intelligence that would implicate that. I think its wellunderstood that there is Cyber Espionage that occurs. We have concerns from ti...

Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we say that ever bond dealer who works in a bank can no longer deal bonds, the next day it will be a l...

Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best interest contract is clunky, our response is tell us how to do it better. How do we retain that nort...

Displace them thank you for you and your staff for [inaudible] the whale . They found how many whale fossils . Significant importance in the project itself and the academy of science is in dialogue for about a year or so in terms of helping cureate and handle these but prevented us from getting involved after i joined the commission. Any other comments . Thank you slnt excellent report. We have Public Comment . Okay, for my last update, would like to have a budget status report. Have a [inaudible] eric sandler give you a update. President caen, commissioners eric sandler, assistant general man...

The office of aging. And want to bring to your attention upcoming Diabetes Program that the Senior Center is helping they have always scheduled and we have sent this information out and shared with daas contractors and the network. We wanted to let you know if you want to pass it on and share with your friends and network. I have hard copies on the table and you would like electronic copies, i can share with bridget and share with you. Hearing no other Public Comments, can i have a motion to adjourn. So moved. Second. Its moved and second that we adjourn the meeting. Thank you. Meeting adjourn...