March 3, 2022
The SEC has no real power over the hedgefunds doing illegal actions. They aren't afraid of you, or of getting caught. All you guys can really do is hand out small fines?
How about making those fines a bit more of a deterrent?
\"If someone or a company is caught making a profit from an illegal action, the fine shall be a minimum of 20x the money made from that illegal action, plus all investigation and enforcement costs incurred by the SEC for this instance, plus the loss of ability to trade in the market for a minimum of 5 years.\"