The SEC has confirmed that it will not file an enforcement action against Apple in connection with its stock-options backdating investigation, despite Apple's CFO Fred Anderson's claims that Apple CEO Steve Jobs told him to backdate options.

In a statement obtained by MacNN the SEC praised Apple for cooperating. The organization explained: “Apple's cooperation consisted of, among other things, prompt self-reporting, an independent internal investigation, the sharing of the results of that investigation with the government, and the implementation of new controls designed to prevent the recurrence of fraudulent conduct.”

SEC regional director for San Francisco Marc J. Fagel said: “Apple's shareholders relied on Heinen and Anderson, as respected legal and accounting professionals, to ensure the accurate reporting of the company's executive compensation. Instead, they failed in their duties as gatekeepers and caused Apple to conceal millions of dollars in stock option expenses.”