By Kanishka Singh
WASHINGTON, April 7 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday the agency obtained orders for monetary relief totaling $17.9 billion during fiscal year 2025 and that it had filed 456 enforcement actions during that period.
In fiscal year 2024, the SEC had obtained orders for $8.2 billion in financial remedies and had 583 enforcement actions.
Fiscal year 2025 ended on September 30.
Republican Chairman Paul Atkins took the helm at the SEC in April last year and said he wanted to focus the agency's enforcement work on fraud.
"In connection with its fiscal year 2025 enforcement actions, the Commission obtained orders for monetary relief totaling $17.9 billion, of which was $10.8 billion in disgorgement of ill-gotten gains and prejudgment interest and $7.2 billion in civil penalties," the SEC said on Tuesday.
The fiscal year 2024 $8.2 billion in financial remedies consisted of $6.1 billion in disgorgement and prejudgment interest, and $2.1 billion in civil penalties.