Senator SINODINOS (New South Wales—Assistant Treasurer) (14:49): In the next month or so, the Senate will have before it the full panoply of regulations and legislation surrounding our amendments to the Future of Financial Advice reforms. We are going the way of regulation initially in order to provide certainty quickly to industry, but that will be backed up by legislation— Senator Wong: Is it prospective? Senator SINODINOS: which will mean, Senator Wong, that we will have an opportunity in this place to fully debate the legislation. Everybody will be consulted. There has been extensive consultation already. We are prepared to tweak the amendments in response to representations we receive, depending on the nature of those representations. I can assure Senator Madigan: in no way will the Senate be disrespected in this process.