GC Cheat Sheet: The Hottest Corporate News Of The Week
The article notes that the SEC recently ended a historically significant fiscal year for its enforcement division, with the agency reporting a record $6.4 billion in court-ordered penalties and settlements. Additionally, the SEC requested funding from Congress to add 125 positions in its enforcement division. That request for additional funds, which was granted in the $1.7 trillion government funding bill passed in December, is "signaling that the trend of increased enforcement is going to continue" into 2023, Max said.
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