SEC Reports Record $8.2 Billion in Financial Remedies for Fiscal Year 2024
This past fiscal year, the U.S. Securities and Exchange Commission (SEC) achieved a remarkable feat, ordering $8.2 billion in financial remedies—the highest amount in its history. The SEC made this significant announcement recently, highlighting the agency’s dedication to upholding financial regulations and protecting investors.
Within this $8.2 billion figure, a substantial $6.1 billion accounted for disgorgement and prejudgment interest—the most significant amount ever recorded in this category. Additionally, civil penalties totaled $2.1 billion, marking the second-highest figure on record for the SEC.
These financial remedies showcase the SEC’s commitment to enforcing financial laws and regulations, ensuring fair and transparent markets for all investors. This achievement stands as a testament to the SEC’s relentless pursuit of justice and accountability within the financial sector.
