Gary Gensler Offers a Glimpse into the SEC's $5 Billion Earnings from Enforcement Actions

During his speech at the 2023 Securities Enforcement Forum, Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), provided insights into the SEC's enforcement efforts. These actions encompassed a total of 780 enforcement cases, including 500 standalone cases, and resulted in the distribution of $930 million to investors who had suffered harm. The SEC's judgments and orders from these enforcement actions amounted to $5 billion. Gensler's speech also hinted at his skepticism regarding cryptocurrencies. KEEP READING