FILE - The seal of the U.S. Securities and Exchange Commission at SEC headquarters, June 19, 2015, in Washington. The SEC was awarded more than $5 billion in civil penalties in the 2023 government spending year that ended Sept. 30, the agency said in a news release. It was unclear how much of that money came through in-house proceedings or lawsuits in federal court.of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies.
The agency had already reduced the number of cases it brings in administrative proceedings pending the Supreme Court’s resolution of the case.in which conservative and business interests are urging the nine-member court to constrict federal regulators.