Monday, August 07, 2017

Lower and lower fines on Wall Street

During the first six months of 2017 penalties imposed on Wall Street firms by the three government agencies regulating them (SEC, CFTC, Finra) declined by 65% compared to the same period in 2016. Looking at the full year of 2016. fines were down by over 50%. 

Maybe they should send some executives to jail.

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