The Securities and Exchange Commission announced the results of its enforcement actions during the fiscal year 2023 in a news release last week. The SEC said it had filed a total of 784 enforcement actions through the end of September, an increase of 3 percent over...
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Securities and Compliance
SEC Commissioner calls for revisions in climate-disclosure rule
One of the members of the Securities and Exchange Commission is calling for revisions in the SEC's proposed rule on climate disclosures, reports Reuters. Mark Uyeda made his comments at an address at the Practising Law Institute's 55th Annual Institute on Securities...
SEC Chair Gensler warns of potential risks of AI in financial industry
The Chair of the Securities and Exchange Commission addressed the opportunities and risks presented by the growth of artificial intelligence during an exclusive interview with MarketWatch recently. Gensler discussed the potential ramifications of AI technology for the...
SEC received record number of whistleblower tips in 2023 fiscal year
The Securities and Exchange Commission was reported to have received a record number of tips through its whistleblower program in the 2023 fiscal year, according to the National Law Review. Under the program, created by Congress under the Dodd Frank of 2010,...
SEC enforcement actions resulted in $5 billion in penalties in 2023
Securities and Exchange Commission Chair Gary Gensler provided details on the commission's latest enforcement efforts during a recent address in Washington, D.C., Reuters reports. Gensler was the keynote speaker Oct. 25 at the Securities Enforcement Forum, a gathering...
