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"It's great to have penalties for misconduct, but the real solution is to catch these things before they happen," he said.
Not since October have they traded consistently above that level, with the whole banking sector also weighed down by fears of further penalties for misconduct.
The government leader in the Senate, George Brandis, moved a motion that the upper house sit until it voted on the registered organisations bill, which would increase penalties for misconduct in unions and increase reporting requirements.
It also wants to crack down on unions through a registered organisations commission with harsher penalties for misconduct including higher civil penalties and even criminal offences for serious breaches of union officials' duties.
However, the changes announced by Emanuel said that, for now, this authority will remain in place, though it will adopt clearer penalties for misconduct and seek to form a board of community members.
Although some penalties for misconduct existed before the new policy — research programmes can be suspended; offenders can be barred from promotions — drawing them together under one framework makes them much more powerful, says Yang Wei, the former head of the National Science Foundation of China who is now a researcher at Zhejiang University in Hangzhou.
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Since making loans is the bank's actual business, from which they profit, it's odd that this is considered a penalty for misconduct.
Azoulay also suggests that the harsher penalty for misconduct may help keep the institution of science running smoothly.
The others carry various penalties, except for misconduct in office, for which a penalty is not prescribed in Maryland law and is at the judge's discretion.
Casey responded with an incendiary post of his own, writing that the UFT does, in fact, have a zero-tolerance policy when it comes to sexual misconduct, and has negotiated in its contract "the strongest penalties for sexual misconduct in any collective bargaining agreement in the state of New York".
"The commissioner doesn't need new rules for the authority to impose penalties for prior misconduct," Specter said.
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