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I was also thinking that every publicly traded company would need a compliance officer that can be criminally liable. The company could not take revenue if they have no compliance officer, And no they could not back bill the customers they would forfeit income till as such time the get an compliance officer. If the compliance officer say you should not do some thing or it could expose you and they are overruled, the person that made that decision would be criminally liable. If they say they can not find the person the company forfeits all income till such time the decision maker is found. If after 3 months no one is found then the company will be forced to stop trading. All assets seized and the company tossed into receivership. At that time a special masters will be appointed to decide if the company shall continue with s new management and board of directors or permanently cease trading. All corporate officers shall be bared from running a public company for five years. Both the corporate officers and the board members shall be barred from serving on any board of directors for 10 years .