SEC charges four companies with misleading cyber disclosures

I feel that it is time to criminalise corporate fraud - ie executives presiding over businesses or state organizations that lie, deliberately obscure or suppress any relevant facts should expect jail time. This ought to be at similar levels of time and standards of “should know” as health and safety law.

Several recent examples would have fallen foul of this … Grenfell tower, Tesla FSD, Boeing 737max, Thames Water, United Utilities and the EA.

I agree, we already see this in the financial industry, if you don't do your part to prevent money laundering, you can be facing real jail time. It's long overdue that similar liability came to other industries, the examples you brought up show it's clearly necessary. The free market and its financial incentives alone are not cutting it.

Wouldn't corporate fraud be opening them to a lawsuit? Say your a hedge fund that decided to invest and buy 23% of availabile market shares, the fraud of misrepresenting the company's situation leaves investors with no way to trust a market, and basically your stuck relianing on the financial reports alone.