{"id":24375,"date":"2025-11-07T15:55:50","date_gmt":"2025-11-07T15:55:50","guid":{"rendered":"http:\/\/www.thinkadvisor.com\/2025\/11\/07\/is-regulation-by-enforcement-dead-under-atkins-sec-roundup\/"},"modified":"2025-11-07T15:55:50","modified_gmt":"2025-11-07T15:55:50","slug":"is-regulation-by-enforcement-dead-under-atkins-sec-roundup","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/11\/07\/is-regulation-by-enforcement-dead-under-atkins-sec-roundup\/","title":{"rendered":"Is Regulation by Enforcement Dead Under Atkins?: SEC Roundup"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/915041438\/0\/thinkadvisor.jpg\"><img decoding=\"async\" src=\"https:\/\/feeds.feedblitz.com\/-\/915041438\/0\/thinkadvisor.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2023\/09\/2022-3-2-SEC_ALM_640x640_Diego-M-Radzinschi.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<div id=\"article-heading\" article-title=\"Is Regulation by Enforcement Dead Under Atkins?: SEC Roundup\" date=\"November 07, 2025 at 10:55 AM\" class=\"mx-auto my-6\" data-v-660b83bd data-v-66905a24>\n<div class=\"desktop:my-6 text-sm print:block\" data-v-660b83bd>\n<div class=\"flex flex-col desktop:flex-row justify-between gap-4 my-4 print:flex-row\" data-v-660b83bd readability=\"5.7073170731707\"><span class=\"font-graphikweb text-sm flex flex-row gap-2 desktop:gap-0\" data-v-660b83bd><svg width=\"24\" height=\"24\" role=\"img\" alt=\"video Icon\" class=\"inline my-auto mr-1 -top-px\" data-v-65a5378d data-v-660b83bd><g stroke=\"#000\" fill=\"none\" fill-rule=\"evenodd\" data-v-65a5378d><path d=\"M15.894 11.947l-5.895 3.5v-7z\" data-v-65a5378d \/><circle cx=\"12\" cy=\"12\" r=\"8.5\" data-v-65a5378d \/><\/g><\/svg> <a href=\"https:\/\/www.thinkadvisor.com\/investment-videos\/\" target=\"_self\" class=\"font-graphikweb text-sm hover:underline\" data-v-660b83bd rel=\"noopener\">Video<\/a><\/span> <\/p>\n<div data-v-660b83bd readability=\"8\"><svg width=\"15.75\" height=\"18\" role=\"img\" alt=\"events Icon\" class=\"inline my-auto\" data-v-65a5378d data-v-660b83bd><path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M14.063 18c.932 0 1.687-.756 1.687-1.688V3.937c0-.931-.755-1.687-1.688-1.687h-1.687V.422A.422.422 0 0011.953 0h-.281a.422.422 0 00-.422.422V2.25H4.5V.422A.422.422 0 004.078 0h-.281a.422.422 0 00-.422.422V2.25H1.687C.755 2.25 0 3.006 0 3.937v12.375C0 17.244.755 18 1.688 18h12.374zm.562-12.375h-13.5V3.937c0-.31.252-.562.563-.562h12.374c.31 0 .563.252.563.562v1.688zM1.687 16.875h12.376c.31 0 .562-.252.562-.563V6.75h-13.5v9.562c0 .31.252.563.563.563z\" data-v-65a5378d \/><\/svg>November 07, 2025 at 10:55 AM <\/div>\n<\/p><\/div>\n<\/div>\n<hr data-v-660b83bd><\/div>\n<p><!----> <\/p>\n<div class=\"mediaBody\" data-v-66905a24 readability=\"25.351051401869\">\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/gIBpR3C5XfM?si=fMzwCfqvHraWIDbc\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen>[embedded content]<\/iframe><br \/>Welcome to SEC Roundup, a bimonthly video series by former Securities and Exchange Commission senior trial counsels Nick Morgan and Tom Zaccaro, founders of the nonprofit advocacy group Investor Choice Advocates Network.<\/p>\n<p>The SEC&#8217;s enforcement activity has slowed to a crawl. In the first half of fiscal year 2025, the SEC filed 362 cases. In the second half? Only 144. The typical September surge of 200-plus enforcement actions to close out the fiscal year was a mere 47.<\/p>\n<p>Why the &#8220;unprecedented slowdown&#8221;? Hosts Morgan and Zaccaro are joined by Dr. Jan Jindra and Dr. Adrienna Huffman, two former SEC financial economists now with the Brattle Group. They dive into their <a href=\"https:\/\/www.brattle.com\/insights-events\/publications\/sec-enforcement-activity-for-fiscal-year-2025-a-tale-of-two-halves\/\" target=\"_blank\" rel=\"noopener\">new report<\/a>, which analyzes the numbers behind the dramatic policy shift from the Gensler-led Commission to the new Atkins administration.<\/p>\n<div class=\"paywall-content\" readability=\"35\">\n<p>Together, they break down:<\/p>\n<ul class=\"rte2-style-ul\" id=\"rte-469d6ad2-bbe2-11f0-87f3-4f3447c787d4\">\n<li>The &#8220;Unprecedented&#8221; Data: Just how sharp the drop in enforcement has been, particularly in the second half of the fiscal year.<\/li>\n<li>The End of &#8220;Regulation by Enforcement&#8221;: Why headline-grabbing cases related to crypto, &#8220;shadow trading,&#8221; and expanding the &#8220;securities dealer&#8221; definition have vanished from the docket.<\/li>\n<li>The &#8220;Return to Basics&#8221;: The group&#8217;s prediction that the SEC&#8217;s new focus will be on individuals, criminal (DOJ) parallel actions, and returning money to harmed investors rather than on record-breaking corporate penalties.<\/li>\n<li>The &#8220;Atkins Effect&#8221;: How the new administration&#8217;s philosophy, combined with significant staff reductions and a government shutdown, is leading to a new era of enforcement.<\/li>\n<li>A New Resolution Path: Is the SEC now favoring cooperation, remediation, and self-reporting to resolve cases without a formal enforcement action?<\/li>\n<\/ul>\n<p>See the video for the discussion.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Video November 07, 2025 at 10:55 AM [embedded content]Welcome to SEC Roundup, a bimonthly video series by former Securities and Exchange Commission senior trial counsels Nick Morgan and Tom Zaccaro, founders of the nonprofit&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":24376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2025\/11\/is-regulation-by-enforcement-dead-under-atkins-sec-roundup.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/24375"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=24375"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/24375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/24376"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=24375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=24375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=24375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}