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> Just require good organization and you’ll get it by diktat? This is what I was responding to. You seemed to be insinuating that I didn't understand that laws
by gmd63 3y ago
> Just require good organization and you’ll get it by diktat?
This is what I was responding to. You seemed to be insinuating that I didn't understand that laws or rules are not sufficient deterrents.
> nobody was shown to have done anything wrong here beyond the benefit of doubt
I'm still confused as to how the SEC was able to fine someone for not committing any wrongdoing, exact definition of the word "crime" which I have clarified I used to mean "general rule breaking" aside.
- dragonwriter 3y agoDeleting records that are legally required to be retained is not “no wrongdoing”.
- gmd63 3y agoI agree. From my point of view there is definite wrongdoing, and it is not adequately punished. I'm trying to understand the other commentor's point of view as to how the bank was fined if there was no alleged wrongdoing. They had earlier asked "Where is the crime here?"