SEC: 583 enforcement actions taken in fiscal year 2024, receiving the highest ever financial relief of $8.2 billion

Odaily Planet Daily News: The US SEC recently announced that its enforcement efforts for the 2024 fiscal year have reached a historic high, highlighting its efforts to maintain market integrity and protect investors. The agency revealed that a total of 583 enforcement actions were initiated in fiscal year 2024, and $8.2 billion in financial remedies were obtained, the highest amount in SEC history Compared to 2023, the number of enforcement actions initiated by the SEC has increased by 14%. SEC Chairman Gary Gensler praised the role of law enforcement agencies, stating, "Law enforcement agencies are steadfast police officers who hold violators accountable based on facts and laws wherever they may be. As this year's results demonstrate, this agency helps promote integrity in our capital markets, benefiting both investors and issuers