February 19, 2022
This proposal is a step in the right direction, however fines will continue to be viewed as simply the cost of doing business if the penalties are not at or close to 100% of the profit made from engaging in such practices. Steep cascading penalties could also improve this proposal with multiple offenses resulting in increasing penalties, full audits of market activity for offending parties, and suspension of trading activity by that entity until the audit is completed.