Son Vo Comment On Regulatory Notice 21-19
A crime with a fine only exists for poor people. It is merely a fee to rich people. A couple million dollar fee does not put a stop to the corruption the hedge funds and other large institutions are partaking in. It is simply allowing them to do illegal activities for a cost. Allowing them to benefit from them. An example would be allowing drug dealers to keep their products, their freedom for a fee far lesser than the profit of the crime. A share must be tracked. As much as the IRS will jail anyone with misinformation on their taxes, the SEC must jail misinformation from institutions.