you just don't have a chance.

那么你就没有一点获利的机会
A broker could try to hide behind some kind of fa?ade and say,

也许一些经纪人会试图用一些假象来证明
well but I think I can earn that.

他能获得更高的收益
But fortunately,

但幸运的是
we have good enough regulatory agencies to stop that,

我们有一个非常好的监管机构来阻止他那么做
so right now, brokers who churn their portfolios

所有进行过度交易的经纪人
will be caught by market surveillance and

都会被监管机构发现
they will be thrown out of the profession.

并且他会被清除出专业队伍
It's actually--you can be disbarred--

事实上有可能会被永久吊销执照
prevented from trading for life.

终生禁止交易
That's the kind of regulations we have.

这就是我们现有的监管机制
I think it's a very--

我认为