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SEC Sets New Record for Enforcement Cases

Saturday, Oct 15 2016
Regulatory & Compliance
Written by  PFA News

The Securities and Exchange Commission filed 868 enforcement actions, including 258 cases against advisors, for the fiscal year ended September 30. That's an all-time high. So reports Financial Planning.

In a written statement, SEC Chairwomen Mary Joe White explains that data analytics has helped the regulator increase the number of enforcement actions that it initiated during the fiscal year.

 

Read the full article from Financial Planning.

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