now we should point out, this doesn't mean he's out of the wood with the criminal authorities. preet baja a was on brand how they can extend the statute of limitations essentially do a rico case but this is pretty, this is pretty interesting. this means that the sec wants him out of the business. now, theoretically he can manage his own money, run a family office. steve cohen as a money manager is done. tracy: this is precedent-seting. >> it is. tracy: we're seeing this, take fabrice tourre, why are not coming on his superivsor? because shouldn't someone there have failed to supervise. >> you could make the case. this is apples and oranges, maybe this is unfair comparison but i will tell what you is in the minds provestores and regulators. what's in their mind steve cohen created the perfect crime. that's what they believe. i'm not saying believe this i've been on record about, you know, i actually yenned defended him. they believe he created -- ashley: set up a system. >> a system which insulated him, allowed stuff to go on around him. there was compliance there but essentially to protect him not catch