The report demonstrates how these principles led to the SEC’s primary focus on protecting Main Street investors from bad actors and fraudulent conduct in 2018. The report also imparts another important message from the co-directors of the SEC’s enforcement division: Success should not be solely measured by the sheer number of cases brought or the number of fines imposed. Instead, they believe assessing the quality and impact of the SEC’s enforcement actions is a better measuring stick of success. “Are we deterring future harm by bringing meaningful cases that send clear and important messages to market participants?” the report asked.
via A Lens into SEC Enforcement | Middle Market Growth.
