Securities and Exchange Commission (SEC)
The SEC enforces federal securities laws to protect investors, maintain fair and orderly markets, and facilitate capital formation. The Division of Enforcement investigates securities fraud, insider trading, market manipulation, and accounting irregularities. The SEC can bring civil enforcement actions in federal court or before administrative law judges and can seek injunctions, disgorgement, and civil penalties.
Back to all agenciesAverage Penalty
$18.4M
Cases Per Year
763
Whistleblower Awards
$1.3B
Crypto-Related Actions
128
Disgorgement Ordered
$5.2B
Debarred Individuals
89
Cases Filed (Annual)
Penalties Collected Trend ($M)
Top Enforcement Actions
| Action | Respondent | Date | Amount | Type |
|---|---|---|---|---|
| Securities Fraud — Misleading Financial Statements | Terraform Labs Pte. Ltd. | 2023-04-21 | $4.5B | Judgment |
| Unregistered Crypto Asset Offering | Ripple Labs Inc. | 2023-07-13 | $125M | Civil Penalty |
| Insider Trading Scheme | Panuwat, Matthew | 2022-09-14 | $983K | Disgorgement |
| Accounting Fraud and Earnings Manipulation | Lordstown Motors Corp. | 2023-02-28 | $25.5M | Settlement |
| Investment Adviser Fraud | GPB Capital Holdings LLC | 2022-12-06 | $1.7B | Judgment |
Enforcement Topics
Securities FraudInsider TradingCrypto AssetsMarket ManipulationAccounting FraudInvestment Advisers