On September 27, 2023, the Enforcement Division announced settled enforcement orders against six individuals and five companies based on Section 16 and Forms 13D and 13G reporting failures.  The individuals and  companies paid fines ranging from $115,000 to $200,000.  Sanja Wadhwa, Deputy Director of the SEC’s Division of Enforcement, said:

“Today’s enforcement action should serve to remind SEC filers that reporting obligations under the securities laws are not optional, and there are consequences for failing to file required forms in a timely manner.”

This enforcement sweep is very similar to a September 2014 sweep.  You can read more in this Press Release, where you can find links to the individual orders.

As always, your thoughts and comments are welcome!