The SEC should be commended for its Release (No. 2006-4) (Release: http://www.sec.gov/news/press/2006-4.htm) (Chatman Thomsen Speech: http://www.sec.gov/news/speech/spch010406lct.htm ) on January 4, 2006 giving guidance on the imposition of financial penalties on corporations. This marks the first time the agency has given …