the race to the bottom. that s the problem. if we wreck late effectively, the fraudulent start-ups will move to the city of london. i think that would be an excellent idea. outsource the fraud across the atlantic. i want to read this quickly. too often investors of the tar against of fraudulent schemes disguised as investment opportunities while i recognize that h h.r. 3606 is the product of a bipartisan affect designed to fa sill it capital formation and includes promising approach, i believe there are provisions that should be add order modified to improve investor protections. you mentioned fraud that happened in the late 1980s. i want to talk more about that right after we take a break. [ male announcer ] considering all your mouth goes through,