The “chickenshit” arguments against this is that it will hurt employees of the fined company or investors who didn’t know any better. Grandma’s IRA is full of

The “chickenshit” arguments against this is that it will hurt employees of the fined company or investors who didn’t know any better. Grandma’s IRA is full of index stocks, she didn’t choose any of this and shouldn’t be punished. It’s not so hard to motivate media to spread this message. The problem with that argument is that it makes it so nobody is ever responsible, competition must act the same or risk losing to the misbehaving competitors, and all you have to do to be above the law is have employees, investors, and misbehavior complicated enough to be difficult to understand who is responsible.