100% Allowing "smart" individuals to play dumb to benefit themselves is not smart at all at a societal level. Strategists at these companies examine the costs

100% Allowing "smart" individuals to play dumb to benefit themselves is not smart at all at a societal level. Strategists at these companies examine the costs of failure or cheating, and simply see that it's worth it to cut corners or pile on risk. Just look at JP Morgans history in getting fined for market manipulation.