In the fiscal year ended Sept. 30, the commission says that it filed a total of 755 enforcement actions, an all-time high, and secured $4.16 billion in penalties and disgorgements, according to a preliminary analysis.
That compares to 686 actions in fiscal 2013 that amounted to $3.4 billion in disgorgements and penalties, an increase that SEC Chairwoman Mary Jo White attributes in part to a greater reliance on technology to ferret out bad behavior in the industry, even as the commission has been struggling to secure more resources to beef up its enforcement operations.
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