U.S. Securities and Exchange Commission enforcement activity remained elevated through the first half of fiscal year 2017, according to new research from Cornerstone Research. The data show an increase in actions involving broker-dealers, issuer reporting and disclosure, and securities offerings.
According to SEC Enforcement Activity—First Half FY 2017 Update, the SEC filed 334 enforcement actions during the first half of FY 2017, down from 372 filings during the same period in FY 2016. Most of the decline can be attributed to a decrease in actions against delinquent filers. Excluding those actions, there were 299 actions in the first half of FY 2017—virtually unchanged from the same period last fiscal year.
‘Enforcement 40’ for 2020
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