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by mtrycz2 1436 days ago
Just read any recent SEC regulatory action. You'll get things like:

* JPMorgan participated in an illicit scheme for a profit of 5M so they got a 200k fine

* Citadel engaged in fraudulent mislabelings of orders for a total of 280.000 actions of the same type over some three years, got a fine of 100k (for some 30cents/infraction).

* and so on and so forth.

Past a point, it's just the cost of doing business.