By Neil Roland ( November 2, 2026, 22:31 GMT | Insight) -- The US Securities and Exchange Commission should consider revising its 2006 corporate penalties policies in light of changed situations not originally contemplated that have led to unprecedented and unwarranted fines against companies, Commissioner Mark Uyeda said. Uyeda, a Republican who is the only other commissioner aside from Chair Paul Atkins, said that during the Obama and Biden administrations the SEC imposed fines against corporate issuers “in significant amounts.” By fiscal 2024, the last year of the Biden administration, the agency was announcing “some of the largest financial remedies in its history,” he said.The US Securities and Exchange Commission should consider revising its 2006 corporate penalties policies in light of changed situations not originally contemplated that have led to unprecedented and unwarranted fines against companies, Commissioner Mark Uyeda said....
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