On the recordJune 18, 2019
The SEC's penalty scheme is outdated and it is ineffective in disincentivizing bad behavior.
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congress.govThe SEC's penalty scheme is outdated and it is ineffective in disincentivizing bad behavior.
Porter criticizes the SEC's current penalty system for failing to deter misconduct.
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I’m going to hold myself to that standard, to do better and to acknowledge that I fell short.