Despite critics who have challenged the legality of the process, the U.S. Securities and Exchange Commission filed every public company enforcement action in the first half of fiscal 2019 as an administrative proceeding, according to a new report.

The report, “SEC Enforcement Activity: Public Companies and Subsidiaries—Midyear FY 2019 Update,” was released Wednesday by the New York University Pollack Center for Law & Business and Cornerstone Research.

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