US SEC enforcement activity plunges under Trump, reports say
· Politics · United States
The US Securities and Exchange Commission's enforcement activity has plunged under President Donald Trump, with cases down about 25% in the first full fiscal year of his return to the White House and actions down from 456 a year earlier, according to Bloomberg and The Straits Times. The drop is described as a "return to basics" at the top Wall Street watchdog. The figures raise questions about the agency's willingness to pursue misconduct on financial markets.
Why it matters:Weaker SEC enforcement affects investor protection and signals how far the US is deregulating financial oversight.
Key points
- Cases fell about 25% in Trump's first full fiscal year.
- Enforcement actions dropped from 456 a year earlier.
- The agency calls the shift a 'return to basics'.
Sources (original reporting)
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