SEC enforcement manual overhaul signals a new era for firms under investigation - Pensions & Investments

The SEC’s first major revamp of its enforcement manual since 2017 signals a departure from the agency’s more aggressive enforcement posture under prior leadership and will give broker-dealers, investment advisers and others more access to evidence and more opportunities to avoid penalties. March 10, 2026 08:00 AM EDT Key Takeaways - The SEC updated its enforcement manual for the first time since 2017. - The changes include added transparency to the SEC's investigatory process and more ways for firms to avoid penalites. Featured Stories Insurance asset managers seek new private market opportuni

The SEC’s first major revamp of its enforcement manual since 2017 signals a departure from the agency’s more aggressive enforcement posture under prior leadership and will give broker-dealers, investment advisers and others more access to evidence and more opportunities to avoid penalties. March 10, 2026 08:00 AM EDT Key Takeaways - The SEC updated its enforcement manual for the first time since 2017. - The changes include added transparency to the SEC's investigatory process and more ways for firms to avoid penalites. Featured Stories Insurance asset managers seek new private market opportuni