On November 8th, Judge Jed Rakoff ordered Raj Rajaratnam to pay $92,805,705 as a civil penalty in the SEC's insider trading case against him. SEC civil penalties, especially those involving such misconduct as insider trading, are designed to make such unlawful trading a money-losing proposition for all who would consider it. The court therefore imposed the maximum statutory penalty, which trebles Rajaratnam's $30,935,235 gain. SEC v. Rajaratnam. See also SEC Press Release.