Good morning. In 2014 National Conference participants. Please welcome president of an allamerica. [applause] hello. Good morning, everyone. Morning and welcome. The First National in Rural America conference. Giving america it coverage. Excited to have you here today. [applause] you know, when we first started planning this conference months and months ago our hope was to bring together enrollment leaders from across the country to reflect back on the historic first open enrollment time and share best practices for the future. We thought maybe a few couple hundred of our friends would come to d. C. For this, but we never expected that more than 900 attendees would join as from communities in 48 states [applause] yes, and credible. Not just that, including the District Of Columbia and as far away as qualm. Pretty amazing. So thank you all for being here and a thankyou for our generous sponsors, many of whom are in the room today. Especially those that help make this conference possible
Do not include the fees associated with them. So that is accurate that they do not include all prices. To the extent someone is using that data and assuming that it does include the various fees, from their perspective it would be distorted. If someone understands it is not excluded they are receiving a different date is set. Have you heard him say that, change your view that this scheme, as you put it, creates an inherent conflict . No. He also said the following, mr. Thomas farley, it creates a false liquidity. I suppose i have a slightly different perspective. So, again, i come from a career mostly spent in the futures market, and that type of liquidity and Market Making the most value comes from participants who will show up and buy from sellers and sell from buyers and engage in risk transference will their will hold a position for an amount of time. Barely knew the equity market, what i see is a whole swathe of Market Making that is easily switching back the 50plus of the news yo
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