SEC Reports FY2024 Enforcement Decline but Record-Breaking Financial Remedies; CFTC Sees $17.1B in Crypto Relief

The Securities and Exchange Commission (SEC) has released its enforcement results for fiscal year 2024, highlighting a decline in total enforcement actions but a record-breaking recovery of financial remedies. The report indicates that while the number of enforcement actions decreased, the financial remedies recovered reached unprecedented levels. In a related announcement, the Commodity Futures Trading Commission (CFTC) reported a record $17.1 billion in monetary relief for 2024, primarily driven by its enforcement activities in the cryptocurrency sector. These results reflect ongoing regulatory efforts to address financial misconduct and protect investors in the evolving market landscape.