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SEC Fiscal Year 2015 Enforcement Results Released

The Securities and Exchange Commission (“SEC”) announced that for the fiscal year ended September 2015 it has filed a record 807 enforcement actions, many of which were “first-of-their-kind.” Of all the enforcement actions filed, 507 were independent actions for federal securities law violations. The remaining 300 actions were either against issuers who were delinquent in their required filings with the agency, or administrative proceedings pursuing restrictions against persons based on orders such as criminal convictions and civil injunctions. The SEC also acquired orders of around $4.2 billion in disgorgement and penalties in fiscal year 2015. An overview of SEC enforcement in fiscal year 2015 is available in the. Read More.

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