SEC Amasses Record Enforcement Actions in 2014
With a record number of actions taken and fines levied, the Securities and Exchange Commission (SEC) experienced its most prolific year for enforcement in 2014, thanks to new investigative methods and innovative technology. According to the SEC’s preliminary figures, the agency filed 755 enforcement actions and obtained orders totaling $4.16 billion in disgorgement and penalties in fiscal 2014, which ended Sept. 30. In 2012, 686 actions and $3.4 billion were recorded, and 734 actions taken. SEC Chairman Mary Jo White said that aggressive enforcement against wrongdoers who harm investors and threaten our financial markets remains a top priority of the SEC. She...
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