Sent a letter to SEC re; Fine suggestionI sent a letter to the SEC regarding a suggestion on how to fine TD Bank.
I suggested they take the funds out of stock options or stock incentives that the BOD and management have… Take away the stock options or have them liquidate with proceeds going towards the fine and restrict the company from issuing new stock options or incentives of any kind for five years
There must be someway of having to fine paid from managements mistake, and not shareholders who did nothing wrong
Any other thoughts, here, on how you hit the company management and BOD without affecting shareholders as much??