The SEC’s Enforcement Division (Enforcement) recently issued a press release (Release) highlighting significant enforcement actions brought in the 2022 fiscal year, together with an addendum summarizing the underlying enforcement statistics for the year. Enforcement Director Gurbir S. Grewal touted the results as evidence that “[Enforcement] is working with a sense of urgency to protect investors, hold wrongdoers accountable and deter future misconduct in our financial markets.” The Release, as well as related speeches by Grewal and Chair Gary Gensler in November 2022, make it clear that Enforcement is striving to restore public trust in institutions and financial markets by pursuing high-impact cases and imposing hefty penalties across a broad spectrum of market participants and types of misconduct. The SEC is also focused on keeping pace with rapid developments within the financial industry by using all available tools to achieve those aims. This article summarizes relevant takeaways from the Release and additional commentary about Enforcement’s efforts from the speeches delivered by Grewal and Gensler. For coverage of several previous Enforcement annual reports, see “Six Takeaways From the SEC’s FY 2021 Enforcement Results” (Mar. 1, 2022); and “SEC Annual Report Highlights Pandemic Response, Enforcement Focus Areas and Whistleblower Program Success” (Jan. 19, 2021).