On September 25, 2024, the Enforcement Division announced settled actions against 23 companies and individuals relating to Section 16 and Section 13 reporting. The various actions involved:
Failure of individuals to file Section 16 reports;
Failure of companies to report delinquent Section 16 reports; and
Failure of companies to file Forms 13D, 13G, 13F, and Section 16 reports.
The companies and individuals involved paid fines totaling $3.8 million. The Enforcement Division included a link to a September 27, 2023 announcement of a similar sweep involving 11 cases, making it clear that this continues to be a focus of their work.
As always, your thoughts and comments are welcome.