SEC says it collected a record $3.4 billion from 2013 cases

The Securities and Exchange Commission said on Tuesday it levied a record $3.4 billion in sanctions in enforcement cases in the latest fiscal year, up 10 percent from the previous year. The sanctions were boosted in part by a more than $600 million settlement with a unit of hedge fund SAC Capital, $525 million with BP Plc and a $200 million fine of JPMorgan Chase & Co. “Our results show that we are prepared to tackle the breadth and complexity of today’s securities markets,” SEC Chair Mary Jo White said in a statement.

    

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