The Securities and Exchange Commission recently announced the results of its fiscal year—and they were big. 2013 saw a record $3.4 billion collected by the commission through 686 enforcement sanctions sanctions, a full 10 percent higher than last year.
“A strong enforcement program helps produce financial markets that operate with integrity and transparency, and reassures investors that they can invest with confidence,” said Mary Jo White, the Chair of the SEC in a statement. “Our results show that we are prepared to tackle the breadth and complexity of today’s securities markets,” she said.
