Brattle estimates: SEC enforcement actions fell to 308 in fiscal year 2026

AI-assisted source summary · not independently verified. Content standards

Brattle estimates that the SEC initiated 308 enforcement actions in fiscal year 2026, the lowest level since at least 2018, down about one-third from 456 the previous year. The total was 57% below the 2018-2025 fiscal-year average of 710 actions annually, while broker-dealer cases fell to 11.0% of the total, the lowest level in Brattle’s data. Brattle expects 350 to 450 enforcement actions in fiscal year 2027.