When it's an optional regulation, it's not that big of a deal, ... Next year it will be an issue: Investors will be asking the hedge funds, 'Why not register?'

There is conversation that over the next ten years, hedge funds would become like mutual funds, ... There is some merit to that conversation, but I think there might be some lag time.

It's an ongoing issue we deal with throughout the year. When there's a decrease, we have to go elsewhere and rely on the community for more. That's why we try to keep our funding diversified, so if one source is eliminated or cut back, we won't be in the position of having to cut programs.

We'll see what he (Rubio) wants to do with that issue next year.

When me and James [Augustine] were sophomores, we had to win out. It's not a big deal. You just have to go on the road mentally ready to play. It's possible. We just have to work hard and believe we can do it.

When you first look at it, you think, 'It's not such a big deal,' ... But when you realize the possible implications, somebody using one of these to go 80 miles an hour through rapidly changing lights, you realize it could be life-threatening.