U.S. Senators accuse SEC Chair of misleading lawmakers during congressional hearings, questioning a significant decline in enforcement actions

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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 is a case of making significant false statements to Congress, it could involve criminal liability. The report cites SEC disclosure of 2025 enforcement data, 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 there is political bias and selective enforcement. The SEC declined to comment on this. (Source: ChainCatcher)
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GateUser-a4680931
· 9h ago
Warren truly is a Wall Street sniper, every shot hits the mark.
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RugproofRookie
· 9h ago
Leadership turmoil is more deadly than a shortage of personnel; there's no direction anymore.
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TheBluePeony'sProphecy
· 11h ago
If it involves a crime, this is a serious matter.
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GateUser-44dde53b
· 15h ago
The ten-year average is 765, but last year it dropped directly to 456. How can investors feel secure?
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Salt-BakedSentimentChart
· 15h ago
SEC declines to review, classic move
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