The SEC brought a record number of enforcement actions over the past fiscal year, setting all-time highs for cases brought against investment advisors and investment companies, the agency announced this week.
In the fiscal year that ended Sept. 30, the SEC filed 868 enforcement actions against various players in the financial-services sector, including 258 cases against investment advisors or companies. That mark is up from 807 enforcement actions in fiscal 2015, and 755 cases brought in 2014.
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