SEC Penalties Trended Down In FY 2025, Offering 2026 Clues

By Richard Hong and Davit Avagyan ( December 3, 2025, 2:28 PM EST) -- Following the change in presidential administrations, many in the securities enforcement defense bar predicted a significant decline in the size of the U.S. Securities and Exchange Commission's corporate penalties. In fact, in March, Samuel Waldon, then-acting director and now deputy director of the SEC's Enforcement Division, reportedly signaled at an industry conference that changes in penalties would be forthcoming, but stopped short of saying they would always be lower.[1]...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login