SEC whips out final orders for violations grounded in supervisory, oversight lapses

Final settlement orders announced last week include those against firms for infractions often based in compliance program lapses.

Swiftly racing to the finish line, Gary Gensler’s SEC issued an array of announcements about recent settlements with recognizable businesses and even a few executives, including one chief compliance officer. The charges ranged from firms making misleading claims, supervisory failures, anti-money-laundering program failures and other compliance lapses.

Let’s dig in.

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