You know that's very true. If you can't present a file because it's "lost" (which happened not infrequently) the regulators don't know whether you've done your

You know that's very true. If you can't present a file because it's "lost" (which happened not infrequently) the regulators don't know whether you've done your due diligence or not and you get a slap on the wrist for deficient paperwork. On the other hand, if your files demonstrate inadequate due diligence you're in for quite a bit of trouble.