SEC stepped up enforcement activity in fiscal 2022, assessed record penalties

The U.S. Securities and Exchange Commission assessed a record $6.4 billion in fines and ill-gotten gains as it picked up the pace of enforcement in fiscal 2022, the agency said in an annual report on Wednesday.

The total assessed included a record $4.2 billion in civil penalties, up from a total amount of $3.6 billion in 2021, as it filed 760 total enforcement actions, including 462 new or stand-a