The U.S. Securities and Exchange Commission saw a record number of enforcement actions this past fiscal year, a sign the commission is looking beyond headline-grabbing cases involving hundreds of millions of dollars, according to one attorney.
The uptick represents a three-year trend of increasing action taken by the SEC against individuals and entities. There were 868 enforcement actions this fiscal year compared with 807 in 2015 and 755 in 2014. The agency obtained just over $4 billion in disgorgement this fiscal year, down from $4.19 billion last year and $4.16 billion in 2014.
