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FINRA and the SEC – 2025 highlights and 2026 predictions

Montage of the FINRA entrance logo and the SEC building.
GRIP Montage: FINRA/Getty Images

It was one of the most dynamic years in history for both the SEC and FINRA, with many unexpected – even unprecedented – twists and turns.

One of the longest shutdowns in government history happened in autumn 2025, contributing to a year in which the breadth of SEC and FINRA enforcement actions narrowed. But within this reduced scope, the regulators drilled deeper into cases.

The SEC continued to aim for the simplification and clarification of reporting requirements,