Are SC's administrative actions a real deterrent?

On November 24th 2011, the Securities Commission (SC) published the following list of "administrative actions" on its website:

http://www.sc.com.my/main.asp?pageid=770&linkid=2793&yearno=2011&mod=paper

I like to highlight the following four cases:

Case [1] Messrs Raine & Horne International Zaki + Partners Sdn Bhd:

Failure to comply with several requirement…