Enforcement Actions

Subscribe to Enforcement Actions via RSS

In a recent post, I noted the significant downturn in the amount of SEC enforcement activity during the 2025 fiscal year (ended September 20, 2025). What was true FY 2025 with respect to SEC enforcement activity in general was also true in particular with respect to SEC enforcement activity involving publicly traded companies. According to a new report, SEC enforcement activity against public companies and their subsidiaries also declined significantly during FY 20225. The report, written by Cornerstone Research in conjunction with the Securities Enforcement Empirical Database (SEED) of the NYU Pollack Center for Law & Business, contains a number of interesting observations about the level of enforcement activity in the agency’s final days under outgoing SEC Chair Gary Gensler, compared to the activity levels under the agency’s current Chair, Paul Atkins.Continue Reading Cornerstone Research: SEC Public Company Enforcement Actions Decline

It was already understood that the SEC under the new Trump administration would be taking a different approach to cryptocurrency enforcement, but the announcement on January 21, 2025 that the agency under Acting Chair Mark Uyeda was forming a cryptocurrency task force “dedicated to developing a comprehensive and clear regulatory framework for crypto assets” certainly underscores the fact that the SEC will treating crypto differently than was the case during the Biden administration. But while we look ahead to what may be in store for crypto under the new administration, it is also worth looking back at what the agency’s approach to crypto enforcement has been up to this point. A new Cornerstone Research report entitled “SEC Cryptocurrency Enforcement: 2024 Update” (here) provides a comprehensive overview of the agency’s crypto enforcement so far.Continue Reading Cornerstone Research: Crypto Enforcement at the SEC