FrontLine’s Amy Lynch sees an “extremely aggressive” SEC with more to come (IGNITES)

Amy Lynch, FrontLine Compliance’s Founder and President, expects the SEC to leverage its recently released enforcement data to justify the continuation of its aggressive stance. The statistics released by the SEC help support its current exam and enforcement activities, which, according to Ms. Lynch, are showing themselves to be extremely aggressive and intent on uncovering violations. Discussing the 2023 fiscal year enforcement results, SEC Chairman Gary Gensler stated that the figures show the effectiveness of the SEC in holding wrongdoers accountable. While the SEC’s fines were slightly down from its record amount in 2022, it brought 784 enforcement actions during its latest fiscal year, up three percent from the prior year. See IGNITES (subscription required), “SEC Enforcement Unit Draws in $5B in Penalties”