First Half of FY26 SEC Enforcement Activity: New Evidence of a Continued Slowdown
According to a new Brattle report, SEC enforcement activity remained subdued in the first half of fiscal year 2026, continuing the decline that began in late FY25. With just 92 enforcement actions filed, activity in H1 FY26 stands well below historical norms and ranks among the lowest first-half levels observed in recent years.
The analysis builds on the SEC’s recently released FY25 results and examines how enforcement trends are evolving in FY26. In addition to overall activity levels, the report highlights a continued emphasis on individual respondents and shifts in the mix of allegation types, alongside a relatively elevated share of cases involving parallel criminal indictments.
First Half of FY26 SEC Enforcement Activity: New Evidence of a Continued Slowdown was authored by Brattle Senior Associate Adrienna Huffman and Principal Jan Jindra. The full report is available below.
