WASHINGTON — In his first congressional testimony since becoming the Securities and Exchange Commission’s director of enforcement, Robert Khuzami told a Senate panel yesterday that the SEC will seek expanded authority to impose penalties in its enforcement actions.

Speaking before the Senate Banking subcommittee on securities, insurance, and investment, Khuzami said the SEC will soon request the authority to seek penalties in cease-and-desist proceedings and to impose civil monetary penalties against individuals who aid and abet violations of the Investment Advisers Act of 1940, among other changes.

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