The U.S. Securities and Exchange Commission recovered $794 million for harmed investors and obtained judgments and orders totaling nearly $4 billion in disgorgement and penalties during Fiscal Year 2018, according to the latest annual report from the agency’s enforcement division.
The report stresses the division’s intent to protect individual investors, push for accountability and keep pace with technology. And it shows that the SEC’s enforcement arm “has been and continues to be extremely successful in its efforts to deter bad conduct and effectively remedy harms to investors,” SEC chairman Jay Clayton said in a prepared statement.
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