The U.S. Securities and Exchange Commission brought 348 enforcement actions in fiscal year 2026, a 23.7% decline from 456 the prior year — the lowest total since 1991. The sharp drop reflects the agency's reduced activity during Chair Paul Atkins' first full fiscal year in office, with standalone enforcement actions falling from 303 to 235. Crypto-related cases remained a focus of the SEC's docket. The commission charged three purported crypto trading platforms and four investment clubs over an alleged scheme that defrauded investors of at least $14 million. In a separate case, the founder of a Bitcoin mining company was accused of misappropriating $48.5 million after raising more than $95.6 million from approximately 6,400 investors. In April, the SEC settled with Francis Decker, a partner at Prager Metis — the firm responsible for auditing FTX — over failures to meet professional auditing standards.