February 7, 2022
Transparency is the sine qua non condition for fair price discovery and therefore any security market.
Retail investors require trust in the agencies guarding this. Current penalties on fraud are not reflective of the damage they cause, neither monetarily, nor to the reputation of the entire market.
Fraud needs to be identified more quickly and punished with a measure appropriate to the crime.
There is very little confidence that this is currently the case, which undermines the very fabric of the financial markets. Tax payers end up paying for the restoration of a corrupted market. Please do your job on behalf of the global retail investment market.