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Mark Pocan: “Where a company has and the shareholders have gained because…”

Featuring: Mark Pocan, Democratic | U.S. House, Wisconsin, District 2

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Mark Pocan Discusses SEC Staffing, Investigations, and Corporate Penalties

Published | Video Starts at 04:19

So whether that resulted in, say, financial fraud or something like that of the company, and so it seems unfair to impose a penalty on the very shareholders of the company who were ripped off. Other times, Where a company has and the shareholders have gained because of some financial misdeeds of the company, then it would be, I think, fine and good to then find the company itself because the shareholders and the company have benefited from that. Would you look at going after individuals at the corporations? And that's part of it, yes. (04:19–04:40)

CLAIM

Asserts that companies should be fined when shareholders benefit from financial misdeeds.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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