The SEC has notified Emergent Capital Inc. that it does not intend to recommend enforcement action against the South Florida-based specialty lender after completing an extensive investigation.

The commission's investigation focused on whether Emergent Capital violated any federal securities laws, according to a March 10-K filing. Emergent Capital first received a subpoena issued by the staff of the SEC in February 2012, seeking documents dating back to 2007. The documents generally related to the company's premium finance business and corresponding financial reporting, Emergent Capital said.

Emergent Capital said in the 10-K filing that the company did not establish any provisions for potential losses related to the investigation.