The U.S. Securities and Exchange Commission (SEC) levied $6.4 billion in enforcement actions, including $4 billion in penalties, in fiscal 2022, the agency’s chair Gary Gensler said on Wednesday.
The large number of fines, fees and penalties from about 700 enforcement actions marks a record and underscores the Wall Street regulator’s more aggressive stance against corporate wrongdoing under Democratic leadership.
Source: U.S. SEC levied $6.4 bln from enforcement in fiscal 2022 -chair | Reuters
