Impact on overthecounter derivatives. Earlier testimony for managing directors of Goldman Sachs and barclays as well as other financial institutions. This is an hour 20 minutes. Panel greetings. What youre getting your papers, et cetera organized in front of you, i welcome the second panel. A couple first housekeeping items. Nsn members here have been to testify before others have not. As a reminder before that it had been, or complete statement will be made part of the record. You will be recognized for five minutes for your statement right now so sometimes we seek to capitalize your statement and right in front of you is that clark bair. Goes down to five minutes in the final time. Also, i saw all that you sitting there with the first panel. We understood from the first panel everything is going well. We are going to move quickly through the process and of harmonization not only run the world, but accurate thomas of abuse in the second panel will tell us the exact same thing that its