U.S. senators accuse SEC Chair of misleading lawmakers in congressional hearings, raising concerns about a significant drop in enforcement actions

ME News Report, April 18 (UTC+8), U.S. Senator Elizabeth Warren (Senior Democrat on the Senate Banking Committee) wrote to SEC Chairman Paul Atkins, claiming that he may have "deliberately misled" Congress during a hearing regarding the decline in the number of new enforcement actions by the SEC, and pointed out that if there are significant false statements made to Congress, it could involve criminal liability. The report cites SEC disclosure of enforcement data for 2025, stating that the SEC added a total of 456 enforcement actions last year, with about 200 from the previous administration and approximately 256 under the current administration, significantly lower than the average of about 765 per year over the past decade. Warren believes that the sharp decline in enforcement actions, staff reductions, and sudden leadership changes may weaken the SEC's ability to protect investors and maintain market order, and questions whether political favoritism and selective enforcement are involved. The SEC declined to comment on this. (Source: ChainCatcher)
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ColdWalletUnderTheAurora
· 16h ago
Warren's letter is very strong in tone, even bringing up "criminal liability."
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GateUser-4d2d061e
· 16h ago
The Democratic Party has started to crack down on the SEC; can the crypto industry finally breathe a sigh of relief?
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Salt-BakedSentimentChart
· 17h ago
Ten-year average 765, this year 256, the gap is just too outrageous
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NeonStreetReflections
· 17h ago
Atkins' numerical game at the hearing backfired
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Don'tCallMeABagHolder.
· 17h ago
Intentionally misleading Congress is a serious crime; does Warren have concrete evidence?
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DaoSidekick
· 17h ago
Warren, you're stirring up trouble. The SEC enforcement data has been cut in half, and the new chair just took office and is already under scrutiny.
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