Commission Opinions and Adjudicatory Orders

Between October 1, 2025, and November 12, 2025, the Commission experienced a lapse in appropriations.  In light of the lapse, the Commission issued an order staying administrative proceedings.  On November 13, 2025, the Commission issued an order lifting the stay and extending dates in the proceedings previously subject to the stay.

Below is a chronological list of opinions and orders issued by the Commission in administrative proceedings, including those adjudicating appeals from initial decisions issued by administrative law judges or from action taken by self-regulatory organizations (such as FINRA) or the Public Company Accounting Oversight Board. The opinions and orders linked below also may be found on the individual case pages linked on the Open Litigated Administrative Proceedings and Closed Litigated Administrative Proceedings pages, together with selected filings made in those proceedings.

Date Sort descending Respondents
Release No. 34-82392
File Number: 3-18280
Release No. 34-82378
File Number: 3-17560r
Release No. 34-82348
File Number: 3-13678r, 3-13678
Release No. 33-10447, 34-82307
File Number: 3-15211
Release No. 34-82291
File Number: 3-18025
Release No. IA-4818
File Number: 3-16182
Release No. 34-82199
File Number: 3-17210
Release No. 34-82205
File Number: 3-16353
Release No. 34-82202
File Number: 3-18108
Release No. 34-82201
File Number: 3-14880
Release No. 34-82191
File Number: 3-18262
Release No. 33-10440, 34-82158, IA-4816, IC-32929
File Number: 3-18256
Release No. 34-82158
File Number: 3-18256
Release No. IA-4814
File Number: 3-15263
Release No. 34-82103
File Number: 3-17758
Release No. 34-82091
File Number: 3-18256
Release No. 34-82038
File Number: 3-18138
Release No. IA-4808
File Number: 3-16182
Release No. 34-82024
File Number: 3-17560r
Release No. 34-82022
File Number: 3-16353
Release No. 34-82014
File Number: 3-18262
Release No. IA-4794
File Number: 3-16182
Release No. 34-81868
File Number: 3-16353
Release No. 34-81867
File Number: 3-18150
Release No. 34-81840
File Number: 3-18025
Release No. 34-81823
File Number: 3-18143
Release No. 34-81822
File Number: 3-16353
Release No. IA-4788
File Number: 3-16182
Release No. 34-81786
File Number: 3-17734
Release No. 34-81785
File Number: 3-17939
Release No. 34-81784
File Number: 3-17752
Release No. 34-81780
File Number: 3-18234, 3-18235, 3-17210
Release No. 34-81779
File Number: 3-17925
Release No. 34-81778
File Number: 3-17254
Release No. 34-81789
File Number: 3-17767
Release No. 34-81788
File Number: 3-17963
Release No. 34-81787
File Number: 3-18069
Release No. 34-81759
File Number: 3-16900
Release No. 33-10420
File Number: 3-16594
Release No. 34-81693
File Number: 3-17995
Release No. 34-81665
File Number: 3-18108
Release No. 34-81661
File Number: 3-18150
Release No. 34-81653
File Number: 3-18045
Release No. 34-81604
File Number: 3-17908
Release No. 34-81562
File Number: 3-18143
Release No. 34-81561
File Number: 3-17560r
Release No. 34-81560
File Number: 3-18138
Release No. 33-10409, 34-81517, IA-4761, IC-32807
File Number: 3-15617
Release No. 34-81507
File Number: 3-18045
Release No. 34-81441
File Number: 3-16353
Release No. 33-10400
File Number: 3-17861
Release No. 34-81384
File Number: 3-14880
Release No. 34-81379
File Number: 3-18025
Release No. 34-81355
File Number: 3-18015
Release No. 34-81349, AAER-3887
File Number: 3-17228
Release No. 33-10398, 34-81317, IA-4738, IC-32775
File Number: 3-15255
Release No. 34-81280
File Number: 3-18045
Release No. IA-4735, IC-32765, AAER-3885
File Number: 3-16462
Release No. 34-81253
File Number: 3-17293
Release No. 34-81190
File Number: 3-17767
Release No. IA-4732
File Number: 3-16182
Release No. 34-81168
File Number: 3-17749
Release No. 34-81135
File Number: 3-17906
Release No. 33-10389, 34-81143
File Number: 3-16178
Release No. IA-4722
File Number: 3-16182
Release No. 33-10383, 34-81066, IA-4723, IC-32720
File Number: 3-15255
Release No. 33-10382, 34-81059, IC-32719
File Number: 3-15514
Release No. 33-10375, 34-81043, IA-4720, IC-32715
File Number: 3-16801
Release No. 33-10374, 34-81041, IA-4719, IC-32714
File Number: 3-17253
Release No. 34-80983
File Number: 3-17906
Release No. 34-80979
File Number: 3-17995
Release No. 33-10373
File Number: 3-16339
Release No. 33-10372, 34-80987
File Number: 3-15974
Release No. 33-10370, 34-80945, IA-4715, IC-32681
File Number: 3-17253
Release No. 34-80931, IA-4714
File Number: 3-17210
Release No. 34-80899
File Number: 3-17930
Release No. 34-80898
File Number: 3-17936
Release No. 34-80897
File Number: 3-17995
Release No. 34-80874
File Number: 3-17981
Release No. 34-80773
File Number: 3-17747
Release No. 34-80743, IA-4709
File Number: 3-17210
Release No. 33-10365, 34-80741, IA-4708, IC-32643
Release No. 34-80705
File Number: 3-14104r
Release No. 34-80681
File Number: 3-17934
Release No. 34-80680
File Number: 3-17930
Release No. 34-80679
File Number: 3-17909
Release No. 34-80678
File Number: 3-17925
Release No. 34-80682
File Number: 3-17936
Release No. 34-80663, IA-4706, IC-32633
File Number: 3-17184
Release No. 34-80662
File Number: 3-17767
Release No. 34-80635
File Number: 3-17852
Release No. 33-10354, 34-80627, IA-4703, IC-32629
File Number: 3-17253
Release No. 33-10353, 34-80618, IC-32627
File Number: 3-16227, 3-16229
Release No. 34-80599
File Number: 3-17937
Release No. 34-80586
File Number: 3-17934
Release No. 33-10351, 34-80526, IA-4692, IC-32612
File Number: 3-16801
Release No. 34-80509, IA-4690, IC-32610
File Number: 3-17184
Release No. 34-80508, IA-4689, IC-32609
File Number: 3-17184
Release No. 34-80499
File Number: 3-17767
Release No. 34-80490
File Number: 3-17909