Between October and December 2025, the SEC filed 29 actions against a combined total of 54 defendants and respondents, and the CFTC filed one case against three defendants. (These figures exclude follow-on actions, bars, and suspensions.)

Read the latest issue

Read previous SEC & CFTC Enforcement Updates:

If you have any questions regarding the matters covered in this publication, please reach out to any of the lawyers listed below or your usual Davis Polk contact.

This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.
Copy link to share post