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Year in review: the SEC in 2016

January 23, 2017

By Nicolas Morgan, Sam Puathasnanon and Thomas Zaccaro

The Securities and Exchange Commission recently announced that it filed a record 868 enforcement actions in its 2016 fiscal year, which ended on Sept. 30, 2016, a 7.5 percent increase over the 807 actions filed in 2015. The 868 actions are comprised of 548 independent or standalone enforcement actions, 195 follow-on administrative proceedings, and 125 actions against delinquent filers. In 2016, the SEC also obtained orders totaling just over $4 billion in disgorgement and civil penalties, a slight decrease from the record $4.19 billion ordered last year.

This article was originally published in The Daily Journal