The Ontario Securities Commission (OSC) has approved a settlement with Tammy, the former president, CFO, and CEO of a brokerage firm. Tammy failed to ensure that the terms of a loan guaranteed by the company were properly disclosed to the Investment Dealers Association of Canada (IDAC). She also did not supervise the actions of Mark, the firm's ex-chairman, in a number of transactions. Mark has since been banned for life from being an officer or director of any Canadian company and must pay $100,000 in a settlement with regulators in the United States due to a securities fraud conviction. Tammy was permanently prohibited from being registered under the Ontario securities law and from acting "as an officer or director of any registrant in the Province". She may not act as a director or CFO of a reporting issuer for 5-years, and can never re-apply to the IDA anywhere in Canada. In your opinion, is it fair or reasonable that a penalty should include a lifetime ban on acting as a Director of any Canadian corporation?