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by omgJustTest 1048 days ago
> Wells Fargo, the fourth-biggest U.S. bank by assets and a relatively small player on Wall Street, racked up the most fines on Tuesday, with $200 million in penalties.

> “We are pleased to resolve this matter,” said Wells Fargo spokeswoman Laurie Kight.

Unfortunate, penalty appears not big enough.

As another key responsibility, these individuals are forbidden from insider trading... which if they are not keeping records is basically not possible to police.