 that you have a right to challenge regulations at any time that you first are harmed by them. So let's say the SEC put out a regulation 12 years ago, but you were in school then, and you got out of college, and you went into the broker-dealer business, and you got your license, and now you're harmed by a regulation that you can still sue because it's your rights that have been harmed, not the agency's prerogative. So if you put all those three things together, it was a huge victory for constitutional government and the liberties of the American people, a huge loss for the administrative state.