What are SEC charges?

Could you please elaborate on what exactly SEC charges are? I understand they involve some form of regulatory oversight in the financial and cryptocurrency sectors, but I'm interested in knowing the specifics. Are these charges levied against individuals or companies? What kind of infractions typically lead to SEC charges? And how does the process of filing and resolving these charges work? I'm looking for a comprehensive understanding of the role the SEC plays in enforcing financial regulations and the implications of these charges for those involved.