SEC Reports Record $8.2 Billion in Financial Remedies for Fiscal Year 2024

Pieter Gunst01 mins

The U.S. Securities and Exchange Commission (SEC) has reported that it obtained a record $8.2 billion in financial remedies for fiscal year 2024. This amount encompasses $6.1 billion in disgorgement and prejudgment interest—representing the highest sum on record in this category—and $2.1 billion in civil penalties, which marks the second-highest figure historically. The full statement by the SEC, detailing these financial measures, can be read here.