Kind of a misleading title. The $200 fine is specifically a late fee for filing a report more slowly than the 30-45 day window after a trade is made. The punishments for insider trading, although I don't think they've ever been handed out since the STOCK Act passed, are much more severe.
The punishments that have never been handed out are much more severe?
Yeah, potentially decades in prison and millions in fines, vs just $200