The U.S. Senate Committee on Banking, Housing and Urban Affairs’ Ranking Member, Senator Elizabeth Warren, sent a letter to Securities and Exchange Commission (SEC) Chair Paul Atkins pressing the SEC to publish its fiscal year 2025 enforcement data, arguing that the information is unreasonably delayed and needed to clarify claims about a drop in enforcement activity. Warren pointed to third-party analyses of publicly reported SEC actions indicating a steep decline in FY 2025 enforcement, and said the public should be able to assess whether the SEC’s own data contradicts Atkins’s statements to Congress. She cited a February 12 hearing in which Atkins disputed reports of reduced enforcement, noted the SEC had not released its FY 2025 figures, rejected statistics referenced by Senator Reed (including analysis attributed to Cornerstone Research and the law firm Paul Weiss), and promised the SEC would “release our numbers.” The letter also notes that the SEC historically releases annual enforcement data by the end of the same calendar year, including totals for actions, tips and complaints, and financial remedies, and that FY 2024 enforcement data was released in November 2024. The letter calls for the SEC to publicly release all aspects of its FY 2025 enforcement data no later than March 15, 2026.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-03-03
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member urges SEC Chair Atkins to release delayed fiscal 2025 enforcement data by March 15, 2026
Senator Elizabeth Warren urged SEC Chair Paul Atkins to release the delayed fiscal year 2025 enforcement data, highlighting concerns over a reported decline in enforcement activity. Warren referenced third-party analyses suggesting a drop in SEC actions and emphasized the need for public access to the data to verify Atkins's congressional statements. The letter requests the SEC to publish the data by March 15, 2026.