DarioHealth Corp (DRIO)

[Taylor Orion]

It all depends on the amount the MM's have in their failures to deliver, as well as market impact. If they make a significant amount of money off of it, then the SEC will sue the clearing house itself for allowance of trading. I do think they need more regulation and stricter guidelines that should end in revocation of MM privileges and licenses, but they typically keep it low enough to avoid higher fines. Especially after goldman sachs and the lehman brothers fiasco. In single stocks, though, you are correct - typically fines are low and the 13 day close out period allows a bit too much leeway for covering. If the trading practice is shown as "abusive", though, the game changes entirely.