Wall Street may be suffering from a downturn in activity and revenues but the Securities and Exchange is having a record year with 735 enforcement actions in the last 12 months.

The Securities and Exchange Commission said in a statement yesterday that it had filed its highest-ever number of enforcement actions in its fiscal year ended September 30, resulting in more than $2.8bn in penalties and disgorgement: http://1.usa.gov/sFFNMB.