The SEC and Commodity Futures Trading Commission both imposed record-high financial remedies in their 2024 fiscal year (FY2024), which ended on September 30, 2024. On the other hand, however, the agencies brought substantially fewer enforcement actions than in recent years, according to their FY2024 enforcement reports. The agencies’ enforcement reports reflect their continuing focus on fraud and compliance failures involving AI, cybersecurity and other tech-related areas. This article distills the key takeaways from the reports. See “SEC Stresses Cybersecurity, AI and Crypto in Its 2025 Exam Priorities” (Dec. 18, 2024).