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SEC Enforcement Chief Looks Back Over the Past Year 

October 21, 2015

Think Advisor

SEC Enforcement Chief Andrew Ceresney says that fiscal 2014 which ended September 30 was a “very strong year” for the division “which spanned the entire spectrum of the securities industry” and included many actions that were the “firsts of their kind actions.”

Speaking at the New York City Bar’s 4th Annual Securities Litigation and Enforcement Institute, Ceresney noted that about two-thirds of the division’s enforcement actions targeted individuals, a focus supported by former SEC Chairman Harvey Pitt, who just minutes before spoke about the importance of pursuing individual liability.

Ceresney, who noted that his comments reflected his own personal views and not the commission or its staff, said the enforcement division had pursued several priorities during the last fiscal year including oversight of investment advisors, financial reporting and accounting fraud, and market structure.

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