U.S. Securities and Exchange Commission (SEC) Announces Enforcement Results for Fiscal Year 22 | Commission Filed 760 Enforcement Actions and Recovered Record $6.4 Billion in Penalties and Disgorgement on Behalf of Investing Public

Excerpt:  “The Securities and Exchange Commission today announced that it filed 760 total enforcement actions in fiscal year 2022, a 9 percent increase over the prior year. These included 462 new, or ‘stand alone,’ enforcement actions, a 6.5 percent increase over fiscal year 2021; 129 actions against issuers who were allegedly delinquent in making required filings with the SEC; and 169 ‘follow-on’ administrative proceedings seeking to bar or suspend individuals from certain functions in the securities markets based on criminal convictions, civil injunctions, or other orders. The SEC’s stand-alone enforcement actions in fiscal year 2022 ran the gamut of conduct, from ‘first-of-their-kind’ actions to cases charging traditional securities law violations.”