When does one decide to give people second-chances?
If you think the legal punishment for securities fraud should include being barred from running investment funds ever again, that is a fair position but it's not part of the law right now and it was not part of his sentence. Petition your local politician and/or run for office yourself if you feel strongly about it and want to change it. He served his sentence and when he got out he went to get a job in the field he's most experienced in. Can't really blame him for that.
I mean you can't just blindly trust this guy.
Normal job with little power and little ability to fraud would be fine.
I don't think anyone is denying them a second chance but merely suggesting they probably aren't the safest option to invest your money in due to the immense amount of fraud they got up to.
Fool me once, shame on you...
no one would be bothered for him to become VP / consultant and advising customers like the guy in wolf of Wall Street .
It is completely different when is asking people trust with him money
His second chance is going and living out a quiet existence, maybe volunteering or working on his golf handicap, raising foster puppies, whatever.