Penalties Against Wall Street Firms Down Sharply Under Trump
Wall Street firms were fined $1.4 billion over the first six months of 2016.

Wall Street is not getting into nearly as much trouble under President Trump as it did in the last year under his predecessor, according to an analysis by the Wall Street Journal. 

Penalties levied against both firms and individuals by the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Financial Industry Regulatory Authority in the first half of 2017 were down by nearly two-thirds over the first six months of this year compared to the same period last year. 

So far, Wall Street has been penalized $489 million this year, compared to $1.4 billion a year ago. 

More of What's Trending on TheStreet:

More from Regulation

Prudential Financial Gains After U.S. Says It's Not Systemically Important

Prudential Financial Gains After U.S. Says It's Not Systemically Important

Why Netflix Is a Good Name to Short on This Earnings Report: Market Recon

Why Netflix Is a Good Name to Short on This Earnings Report: Market Recon

Canopy Growth to Buy Pot Research Company Ebbu in $19.2 Million Deal

Canopy Growth to Buy Pot Research Company Ebbu in $19.2 Million Deal

A Low-Risk Way to Play O'Reilly Automotive: Market Recon

A Low-Risk Way to Play O'Reilly Automotive: Market Recon

Jim Cramer: Fed Should Worry Less About Inflation and More About the Economy

Jim Cramer: Fed Should Worry Less About Inflation and More About the Economy