SEC Fraud Enforcers Keep Pace Under Trump Despite Crypto Retreat

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The SEC is maintaining roughly the same volume of cases under the Trump administration as it had previously, even as it pulls back on Biden-era actions targeting crypto and securities dealers and contends with potential personnel and funding cuts.

The Securities and Exchange Commission filed 44 enforcement actions from Inauguration Day to the end of June, compared with 48 filings over the same stretch last year, a Bloomberg Law review found.

“Everyone expected there to be a lot less SEC activity, because there’s been downsizing of government and a change in priorities,” said Mark Bini, a partner at Reed Smith …