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by doh 1514 days ago
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.

1 comments

> In any way, government wants to motivate change in behavior not taking companies out of business.

Taking maliciously noncompliant comanies out of business can be a way to motivate others to not try to skirt the law.