SEC Enforcement Efforts in 1978 and 1985
GGD-86-97FS: Published: Jul 16, 1986. Publicly Released: Aug 20, 1986.
- Full Report:
GAO gathered information on: (1) the Securities and Exchange Commission's (SEC) enforcement actions for two 6-month periods in 1978 and 1985; and (2) completed U.S. Attorney and state actions based on SEC enforcement efforts.
GAO noted that comparisons between the data for both time periods should be made with caution. GAO found that: (1) the data did not reflect the complexities of the enforcement actions; and (2) it was difficult to determine if differences in the types of actions in the 2 years caused differences in the effectiveness of such actions in deterring future violations.