Same with the SEC - the companies that commit crimes get slapped with a ridiculously small fine to pay AND get to keep the profits made... no incentive to not keeping committing the crime. If I had to guess, they're giving kickbacks to the SEC folks. We have to start making all the criminals give back the diamonds.
Same with the SEC - the companies that commit crimes get slapped with a ridiculously small fine to pay AND get to keep the profits made... no incentive to not keeping committing the crime. If I had to guess, they're giving kickbacks to the SEC folks. We have to start making all the criminals give back the diamonds.
The issue is if Finra or the SEC puts a broker/dealer out of business their stream of revnue to fund themselves dries up.