I think this is a reference to Matt's interesting PoV 'everything is securities fraud' (https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywh

I think this is a reference to Matt's interesting PoV 'everything is securities fraud' (https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywhere-is-securities-fraud https://www.bloomberg.com/opinion/articles/2019-06-26/everyt..., https://www.bloomberg.com/opinion/articles/2021-06-22/everything-still-might-be-securities-fraud https://www.bloomberg.com/opinion/articles/2021-06-22/everyt..., etc.)