The US Securities and Exchange Commission\u2019s enforcement penalties surged to a record in the government\u2019s fiscal 2022, the agency said on Tuesday.<\/p>\n
The SEC\u2019s enforcement actions resulted in $6.4 billion in fines and money ordered to be reimbursed to investors, up from just $3.9 billion in 2021, according to an annual report.<\/p>\n
\u201cWe don\u2019t expect to break these records and set new ones each year because we expect behaviors to change. We expect compliance,\u201d SEC Enforcement Director Gurbir Grewal said in a statement.<\/p>\n
Cases in the past year included fines against major banks over the use of outside messaging services like WhatsApp to conduct official business. Another is a settlement with Boeing Co. for allegedly misleading investors about the safety of its 737 Max jets after two deadly crashes in 2018 and 2019.<\/p>\n
Read more: Wall Street Hit With $2 Billion of Fines in WhatsApp Probe Also included was an action against crypto exchange BlockFi Lending LLC for failing to register its platform.<\/p>\n
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t.t.<\/p>\n","protected":false},"excerpt":{"rendered":"
The US Securities and Exchange Commission\u2019s enforcement penalties surged to a record in the government\u2019s fiscal 2022, the agency said on Tuesday. The SEC\u2019s enforcement actions resulted in $6.4 billion in fines and money ordered to be reimbursed to investors, up from just $3.9 billion in 2021, according to an annual report. \u201cWe don\u2019t expect […]<\/p>\n","protected":false},"author":1,"featured_media":28094,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[74,29,45,42,46],"tags":[],"class_list":["post-28093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","category-top-stories","category-national","category-usa"],"_links":{"self":[{"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/posts\/28093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/comments?post=28093"}],"version-history":[{"count":1,"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/posts\/28093\/revisions"}],"predecessor-version":[{"id":28095,"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/posts\/28093\/revisions\/28095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/media\/28094"}],"wp:attachment":[{"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/media?parent=28093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/categories?post=28093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pardesnewsusa.com\/main\/wp-json\/wp\/v2\/tags?post=28093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}