There have been multiple accounts created with the sole purpose of posting advertisement posts or replies containing unsolicited advertising.

Accounts which solely post advertisements, or persistently post them may be terminated.

DogPeePoo ,

SEC is complicit.

Where do the “fines” even go? Certainly not to the investors who got fucked.

My guess is they are just lip service fines— printed and published but never even collected.

girlfreddy ,
@girlfreddy@lemmy.ca avatar

Moody’s Corporation (MCO) Revenue 1Q 2024 - $1.8 billion

Moody’s Analytics (MA) Revenue 1Q 2024 - $700 million

Moody’s Investors Service (MIS) Revenue 1Q 2024 - $987 million

$20 million fine is spare change. Fucking assholes.

Ohmmy ,

As long as it’s just a fine, it’s just the cost of doing business. Start putting executives in jail.

avidamoeba ,
@avidamoeba@lemmy.ca avatar

It’s just fine.

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