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The large number of levies – collected in fines, judgments and other fees from 700 enforcement actions – underscores the regulator’s more aggressive stance against corporate wrongdoing under Democratic leadership.
That compared with $3.9 billion the SEC obtained from 697 actions a year earlier.
The year’s enforcement activity included several large resolutions, including a $675-million penalty against Germany’s Allianz (ETR:ALVG) SE to resolve probes over the collapse of a group of investment funds and $1.8 billion levied against major Wall Street banks after staff discussed deals and trades on their personal devices and apps.
