caroline: really great to have time with you, jennifer schulp.stitute director of -- alternative director of financial regulation studies. she is doing great work. the gamestop hearing is when she caught everybody's attention with the depth of knowledge she had about transparency in the markets. romaine: i think she made a good point about the its idea that it moves to enforcement type of mechanism with the sec rather than just guidelines and guidance. taylor: and the impact of what that means for people trying to innovate. they know the full weight of the sec is coming. certainly a good conversation. bloomberg technology with caroline is next. romaine: this is bloomberg.