"One imagines that other brokers operating in Norway are paying attention. One hopes U.S. regulators are too."

I wish you were right, Andrew. But "how the world works" in this country is that regulatory agencies are captured by the industries that they regulate.

And in (old) Japan, falling on one's sword comes to mind. Unfortunately, in this country, the sword makers couldn't keep up if CEOs acted in the same way.

Tom

if only our own SEC cared about right and wrong,and not just keeping those in power in power,and those who are rich,well,richer.

as someone who makes my living as a trader,i can't believe the abuses i see every day that are never fixed.crimes commited every day yet no-one ever punished.it's just sinful,i'd love to give examples,but if i did the list would never end-it's a cesspool.

good for Norway,a land where there are laws that seem to matter........

This year the national pension fund raised a ruckus by refusing to invest in any Norwegian companies that provide any goods and services to Norway's own armed forces because the by laws of the pension fund prohibit investments in these warfighting operations. Of course, most of the money of the national pension fund comes from Norway's own oil which I'm sure sells something to Norway's armed services as well. So essentially they're embargoing themselves in violation of NATO treaty.

Sometimes feel goodism trumps common sense.

In Norway the sky must be blue, the grass must be green, and dirt must be brown. There is no room for subjectivity or interpretation in these precepts, lest ye threaten the delicate perceptual balance of the underaged.

I'm a little surprised to learn that this brand of stolidness doesn't seem to apply as readily to financial investment.

They failed to bribe the right politicians !

google it..it's tied with Iceland..then there's the Netherlands, Sweden, Canada..... they care about the well-being of their citizens there. Norway is not run by a gang of fat cat "oiligarchs".