SEC Division of Enforcement announced Enforcement Results for Fiscal Year 2022 with a few key takeaways for fund managers: Commission brought 760 enforcement actions in FY 2022, set record on disgorgement and penalties, took ongoing action against private fund advisers.
The Securities and Exchange Commission announced its enforcement statistics for its 2022 FY noting it filed 760 total enforcement actions. This total was comprised of 462 new actions, 169 follow on actions, and 129 actions for delinquent filings and totaled to $6.439 billion