The 583 enforcement actions represent a 26 percent decline in total enforcement actions compared to fiscal year 2023.

Of those cases, the Commission filed 431 “stand-alone” actions, which was 14 percent less than in the prior fiscal year; 93 “follow-on" administrative proceedings seeking to bar or suspend individuals from certain functions in the securities markets based on criminal convictions, civil injunctions or other orders which was 43 percent less than the prior fiscal year; and 59 actions against issuers who were allegedly delinquent in making required filings with the SEC, which represented a decrease of 51 percent.

The USD8,200 million in financial remedies consisted of USD6,100 million in surrendered funds and prejudgment interest, also the highest amount on record, and USD2,100 million in civil penalties, the second-highest amount on record.

Approximately 56 percent of the USD8,200 million financial remedies ordered is attributable to a monetary judgment obtained following the SEC’s jury trial win against Terraform Labs and Do Kwon, who were charged with one of the largest securities frauds in U.S. history.

In addition, in fiscal year 2024, the SEC obtained orders barring 124 individuals from serving as officers and directors of public companies, the second-highest number of such bars obtained in a decade.

In fiscal year 2024, the SEC distributed USD345 million to harmed investors, marking more than USD2,700 million returned to investors since the start of fiscal year 2021. The SEC also received 45,130 tips, complaints, and referrals in fiscal year 2024, the most ever received in one year, including more than 24,000 whistleblower tips, more than 14,000 of which were submitted by two individuals. The SEC issued whistleblower awards totaling USD255 million.

The full statement makes fascinating reading setting out, amongst other things, deals done to settle cases and credit given for self-reporting.

Major frauds are outlined and details given of where individual accountability was applied (not enough cases and not of big corporations, generally, WMLR would opine)

The statement is a round u of many types of corporate and accounting malfeasance, securities fraud, market manipulation and more.

https://www.sec.gov/newsroom/press-releases/2024-186