SEC Pulled In $3B In Record 2011 Enforcement Year

Law360, New York (January 11, 2012, 4:12 PM EST) -- 2011 was a big year for the SEC, which opened a whistleblower-focused office and netted $2.8 billion from a record-breaking 735 enforcement actions, but also faced a high-profile challenge of its no admit, no deny settlement policy, according to a report released Tuesday.

According to year-end data released by Gibson Dunn & Crutcher LLP, 2011 saw 735 enforcement actions resulting in more than $2.8 billion in penalties and disgorgement, as well as the questioning of the commission's policy of settling with defendants who have neither admitted...
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