Welcome

SEC Enforcement Activity Drops in 2020 Amid Covid-19 Pandemic

Oct. 8, 2020, 6:24 PM

SEC enforcement activity declined in fiscal 2020 as the agency grappled with the coronavirus pandemic.

The Securities and Exchange Commission brought “over 700” enforcement actions in fiscal 2020, which ended Sept. 30, agency Chairman Jay Clayton said at Practising Law Institute’s annual SEC Speaks conference Thursday.

The agency’s annual enforcement tally was last below 800 in fiscal 2017, when 754 actions were filed, according to commission statistics. The numbers rose to 821 in fiscal 2018, and 862 in fiscal 2019.

An SEC representative declined to release the exact tally for 2020 ahead of the agency’s annual enforcement report, which ...

To read the full article log in. To learn more about a subscription click here.