(Reuters) – The US Securities and Exchange Commission said on Thursday that it estimated $ 3.9 billion in fines related to enforcement measures during the 2021 fiscal year, a decrease from a record $ 4.7 billion in 2020, even as independent measures increased.
Tops. U.S. market regulators said they estimated $ 1.4 billion in penalties and another $ 2.4 billion in ill-gotten funds devoured by 697 measures. That compares with $ 1 billion in penalties and $ 3.6 billion in emissions in 715 cases by 2020.
Independent enforcement measures increased to 434 from 405 previously, but remained below the previous five-year average, according to the annual report. During the 2020 fiscal year, a handful of significant cases ran the bulk of the agency's fundraisers.
This year's actions included a major resolution with Goldman Sachs, in which the company agreed to pay approximately $ 1
The SEC also filed a rare lawsuit against AT&T Inc. and three executives for allegedly disclosing material non-public information to research analysts.
The SEC said that they distributed a record $ 564 million to 108 whistleblowers during fiscal year 2021.