SEC Announces Fiscal 2026 Enforcement Results: 348 Actions and $1.095 Billion in Monetary Relief
The U.S. Securities and Exchange Commission (SEC) on November 10 announced its enforcement results for fiscal year 2026, which ended September 30. The Commission filed 348 enforcement actions during the year, including 235 standalone actions and 113 follow-on administrative proceedings, and instituted 13 trading suspensions in response to suspected manipulation involving securities of Asia-based issuers. Two-thirds of all standalone actions included charges against at least one individual.
The Commission obtained orders for monetary relief totaling $1.095 billion, comprised of $752 million in disgorgement and prejudgment interest and $343 million in civil penalties, with $235 million of the disgorgement deemed satisfied by a court judgment in a separate non-SEC action. The SEC also returned approximately $731 million to more than 250,000 harmed investors during the year.
On the organizational side, the Division of Enforcement formed a Retail Fraud Working Group targeting Ponzi schemes, offering frauds, impersonation scams and market manipulation harming everyday investors, which has already generated more than a dozen new investigations; created a Financial Reporting and Accounting Unit; and launched an Office of Super Intelligence and Analytics to bring data-driven techniques directly into investigative workflows. The Commission also entered into memoranda of understanding with the Commodity Futures Trading Commission (CFTC) and the Food and Drug Administration (FDA), and made significant updates to its Enforcement Manual for the first time since 2017.
SEC Chairman Paul S. Atkins said the success of the enforcement program is ultimately measured by how effectively it protects investors, holds wrongdoers accountable, and strengthens confidence in the markets. David Woodcock, Director of the Division of Enforcement, said the Division focuses on rigorous investigations, consequential misconduct, and meaningful outcomes for investors. (Source: U.S. Securities and Exchange Commission)
Source: U.S. Securities and Exchange Commission
Published by GSM · USA (original Chinese edition)
Photo: 图：美国证券交易委员会总部大楼。GSM 联邦核心固定图库。 / Image: U.S. Securities and Exchange Commission headquarters building. GSM federal core asset library.
