By Kyle Brasseur2023-06-05T15:05:00
The Securities and Exchange Commission (SEC) dismissed proceedings in 42 enforcement cases after disclosing improper staff access to restricted records at the agency occurred on a wider scale than initially identified.
The SEC acknowledged the issue in a statement Friday that revealed the results of an extensive investigation into the improper access first disclosed in April 2022. Then, the agency shared details on two cases where enforcement staff had access to certain restricted documents; the new statement offers descriptions on 28 affected matters.
The agency’s review, supported by consultant Berkeley Research Group, found no evidence the improper access affected the actions of investigators regarding the cases. However, the SEC still moved to dismiss 42 cases to preserve resources, it said.
2023-05-31T17:55:00Z By Aaron Nicodemus
Carrie Tolstedt, the former head of Wells Fargo’s community bank, agreed to pay nearly $5 million to settle charges levied by the Securities and Exchange Commission related to the bank’s fake account scandal.
2023-05-30T17:30:00Z By Aaron Nicodemus
Gartner agreed to pay nearly $2.5 million as part of a settlement with the Securities and Exchange Commission addressing alleged violations of the Foreign Corrupt Practices Act in South Africa.
2023-05-24T18:17:00Z By Aaron Nicodemus
Digital video subscription service Gaia will pay a $2 million fine to the Securities and Exchange Commission for allegedly overstating its paid subscribers and retaliating against an internal whistleblower.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
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