‘Compliance is the cheaper option, and we expect it’ says SEC enforcement chief

SEC enforcement director Gurbir Grewal delivers robust message as regulator publishes FY22 results.

After recovering a record $6.4bn in penalties during fiscal year 2022, the US Securities and Exchange Commission (SEC) is promising to get tougher still until it’s clear that “compliance with securities laws is cheaper than violating them”.

The tough rhetoric came from SEC enforcement director Gurbir Grewal in a speech

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