February 7, 2022
I strongly approve of these new rules and hope they will be quickly and thoroughly enforced.
Punishment should be the profit (not negate the crime) and a percent of total income to recoup investigation costs.
For as long as people can factor in punishment as a small percentage loss of the profits there is no disincentive to the crime, with naked shorting and hidden options positions with dark pool use it is very clearly being used to manipulate prices to hedge fund benefit and usually to the loss of the majority of retail traders.