Fines are fine balance between motivational and liquidating.
I think 6% is quite a lot, even if one has 40% margin. Investors will be highly distraught and seek remedies from the current management. But for instance at 20% they will blame the regulators and push the company to fight in courts.
In any way, government wants to motivate change in behavior not taking companies out of business.
I think 6% is quite a lot, even if one has 40% margin. Investors will be highly distraught and seek remedies from the current management. But for instance at 20% they will blame the regulators and push the company to fight in courts.
In any way, government wants to motivate change in behavior not taking companies out of business.