Wall Street Fines Fall 18% in First Year of Biden Administration


WASHINGTON—Enforcement fines levied towards Wall Street companies and public corporations fell 18% in the primary 12 months of the Biden administration, based on newly launched statistics.

The Securities and Trade Fee obtained $3.9 billion in fines throughout its newest fiscal 12 months, which ended in September. The SEC set a report for fines imposed by means of its civil enforcement actions in 2020, when the entire surpassed $4.6 billion.



Wall Street Fines Fall 18% in First Year of Biden Administration Source link Wall Street Fines Fall 18% in First Year of Biden Administration

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