Gorman Posted in SECActions This is the final installment of this series. The first installment focused on statistics for the second quarter of 2023, noting that 46 enforcement actions were filed by the SEC. The second part of the series provided examples of the … Trends in SEC Enforcement...
At a high level, the Division reported a 26% decline in total enforcement actions compared with fiscal year 2023, reversing a postpandemic trend of increases. This trend was consistent across each category of enforcement action: a 14% decline in “stand-alo...
Purpose To alert public company management and directors to several recent SEC enforcement actions involving executives and other senior personnel arising out of securities law violations. Design/methodology/approach Reviews a series of enforcement actions against four chief executive officers, four chief ...
the most recent set of settlements suggest a possible willingness on the SEC’s part to bring enforcement actions even for minor and technical violations. Insofar as the institutional
A blog covering SEC investigations, Civil and Criminal enforcement Actions, Internal investigations and Related matters.
whistleblower program, cooperation incentives, and advanced data analytics—to detect and investigate violations. The division's efforts result in an average of 700 to 800 enforcement actions annually, from administrative proceedings and settlements to civil actions and criminal prosecutions in federal ...
In November 2024, the SEC filed 59 actions against a combined total of 72 defendants and respondents, and the CFTC did not file any cases. (These figures exclude follow-on actions, bars and suspensions.) The SEC actions include FCPA violations, investment adviser violations, and broker-dealer ...
The Securities and Exchange Commission (SEC) Division of Enforcement published itsannual report for fiscal year 2019. The report shows it brought 862 enforcement actions, obtained $4.3 billion in disgorgement and penalties, and returned $1.2 billion to harmed investors, with the last two totals repr...
's practice of imposing civil penalties through administrative proceedings in cases of securities fraud violates the Seventh Amendment right to a jury trial. The decision requires the SEC to pursue such penalties in federal court, potentially affecting the rapidity and scope of its enforcement actions...
The Future of SEC Enforcement Actions: Negligence-Based Charges Brought in Administrative Proceedings?C. Baird Brown