As we embark on a new calendar year, we turn our attention to a number of advocacy files that will surely dominate the regulatory agenda for 2021. For the past year or two, our focus has centered on finding ways to reduce regulatory burden, foster capital formation and most importantly advance investor protection and transparency within these themes. We believe these themes will surely accelerate in the coming year as the focus of major regulatory projects turns to implementation. Most importantly, as we develop our voice and strengthen our relationships with policymakers and regulators, fulfilling our mandate for advancing market
integrity, transparency and investor protection will be more important than ever.