Fines against market participants should go in a fund that's goes to the shareholders. Ie: UBSS fined for naked shorting, Penson violating reg sho, the Canadian regulator fine against their broker.
Why don't they disclose the companies that were victimized by UBSS and Penson for their violations?? Allow the public and companies to sue for damages. These slap on the wrist fines go to regulators who are far from being the victims. It's a crooked system
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