Not really, because for each magnitude 30 times more energy is released.
This area contains faults capable of generating quakes up to M 6.7; such a quake would release well over 30 times the energy of this quake; you'd need perhaps 50 of these quakes to release enough energy to prevent a large damaging quake. The numbers just don't add up.
Thanks for the info.
I nominate this for Post Of The Day. You are entirely correct and I TOTALLY BUMP this post!