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Shifting Crypto and Cyber Enforcement Priorities In SEC

When the SEC issues the next annual enforcement report for fiscal year 2025, we expect securities offering actions and investment adviser actions will almost certainly be up, and the “crypto” and “cyber” cases will almost certainly be down. Public statements by the new SEC administration have said as much, but even more telling than public statements are the allocation of limited enforcement resources.

9 minute readApril 01, 2025 at 12:23 AM
By
Alec Koch
Carmen Lawrence
Aaron Lipson
Bill Johnson
Shifting Crypto and Cyber Enforcement Priorities In SEC

At the end of each fiscal year, the U.S. Securities and Exchange Commission (SEC) issues its annual enforcement report. Within the report the SEC publishes its enforcement statistics for the year, categorizing each individual enforcement action the agency brings.

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