The proposal would expand the definition of accredited investor
Former executive banned by SEC, ordered to pay US$43.7 million in disgorgement
The man allegedly failed to disclose that he was being paid to promote the company
Dissenting commissioner says it's "absurd that the commission is excusing billionaires from the notice-filing requirement"
SEC also enjoyed a record level of co-operation in its enforcement efforts
Three victims of fraud notified SEC of scheme targeting retail investors
Firm and its founders ordered to pay US$6.9 million
The increases came in spite of the U.S. federal government shutdown
Proposals include stricter rules about proxy solicitation and shareholder proposals
SEC also extends soft-dollar relief related to MiFID II