The SEC filed 760 enforcement actions in the year ending Sept. 30, up 9% from the year before, according to the agency’s annual enforcement report, which was made public Tuesday.
The SEC imposed a total of $6.44 billion in monetary penalties, the highest amount on record and 67% above the previous year.
That made it the second-highest year for both the number of awards and dollar amounts of awards issued, the SEC said.
PREVIEWThe SEC whistleblower program in August reversed a Trump-era change that would have put a limit on the amount of awards it could provide.
The SEC said it was focusing on actions that would deter future violations while encouraging accountability from major institutions.