The U.S. Securities and Exchange Commission announced preliminary first-quarter fiscal 2025 enforcement statistics showing it filed 200 total enforcement actions, including 118 standalone actions, marking the highest totals for the relevant periods since at least 2000. The first-quarter actions (October through December 2024) spanned a broad set of alleged violations, including financial misstatements, misleading disclosures to brokerage customers, advisory firms’ failures to disclose conflicts of interest, alleged bribery schemes, retail investor frauds, and misleading statements about artificial intelligence. The Division of Enforcement filed 75 actions in October 2024 alone, and the SEC highlighted its continued emphasis on crediting self-policing, self-reporting, remediation, and cooperation. The SEC also reported filing more than 40 enforcement actions from Jan. 1, 2025 through Jan. 17, 2025, suggesting elevated activity continuing into the second quarter; the figures are preliminary and will be finalized at fiscal year-end.
U.S. Securities & Exchange Commission 2025-01-17
U.S. Securities and Exchange Commission reports record 200 enforcement actions filed in first quarter of fiscal 2025
The U.S. Securities and Exchange Commission reported preliminary first-quarter fiscal 2025 enforcement statistics, with 200 total actions, including 118 standalone actions, marking the highest totals since at least 2000. Violations included financial misstatements, misleading disclosures, conflicts of interest, bribery, fraud, and misleading AI statements. Over 40 actions were filed from Jan. 1 to Jan. 17, 2025, indicating continued elevated activity into the second quarter.