Administrative Proceedings

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.

The links below direct you to the individual case pages for litigated administrative proceedings adjudicated by the Commission, including its consideration of appeals from initial decisions issued by administrative law judges or from SRO or PCAOB action. The case pages contain the Commission opinions and orders as well as significant filings in such matters. The links below additionally direct you to the electronic filing system for administrative proceedings and to information for respondents in administrative proceedings.

Below is a chronological list of links to orders by the Commission instituting both litigated and settled administrative proceedings and to issuances for the Commission, by the Division of Enforcement, pursuant to delegated authority.  The orders and other issuances in litigated administrative proceedings 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 filings made in the proceedings.  The issuances pertaining to distribution proceedings may also be found in the individual case charts on the Distributions in Commission Administrative Proceedings: Notices and Orders Pertaining to Disgorgement and Fair Funds page.

Date Sort descending Respondents
Release No. 33-11329, IA-6776
File Number: 3-22331
Release No. 34-101706
File Number: 3-22329
Release No. 34-101707
File Number: 3-22330
Release No. 34-101705
File Number: 3-22328
Release No. 33-11328, 34-101702, AAER-4542
File Number: 3-22327
Release No. 34-101674
File Number: 3-22262
Release No. 34-101659
Comments received are available: http://www.sec.gov/comments/3-21655/3-21655.htm
File Number: 3-21655
Release No. 34-101658
File Number: 3-21546
Release No. 34-101657
File Number: 3-22325
Release No. 34-101653
File Number: 3-19816
Release No. 34-101650
File Number: 3-22063
Release No. 34-101649, AAER-4541
File Number: 3-22324
Release No. 34-101633
File Number: 3-22323
Release No. 34-101632
File Number: 3-22242
Release No. 34-101606
File Number: 3-22060
Release No. 34-101618
File Number: 3-15635
Release No. 34-101612
File Number: 3-21405
Release No. 34-101610
File Number: 3-21655
Release No. 34-101609
File Number: 3-20932
Release No. 34-101608
File Number: 3-22322
Release No. 34-101607
File Number: 3-22313
Release No. 34-101602
File Number: 3-22321
Release No. 34-101600
File Number: 3-22320
Release No. 34-101598
File Number: 3-21602
Release No. 34-101597
File Number: 3-19499, 3-19500
Release No. 34-101596
File Number: 3-18561, 3-18562, 3-18563
Release No. 34-101595
File Number: 3-22319
Release No. 34-101594
File Number: 3-22318
Release No. 34-101593
File Number: 3-22317
Release No. 34-101592
File Number: 3-22316
Release No. 34-101591
File Number: 3-22315
Release No. 34-101590
File Number: 3-22314
Release No. 34-101585, AAER-4540
File Number: 3-22312
Release No. 34-101580, AAER-4539
File Number: 3-22311
Release No. 34-101579, AAER-4538
File Number: 3-22310
Release No. 33-11326, 34-101574, AAER-4537
File Number: 3-22309
Release No. IA-6772
File Number: 3-22308
Release No. IA-6771
File Number: 3-22307
Release No. IA-6770
File Number: 3-22306
Release No. 34-101553
File Number: 3-22303
Release No. 34-101558, IA-6769
File Number: 3-22305
Release No. 34-101554
File Number: 3-22304
Release No. 34-101549
File Number: 3-22302
Release No. 34-101548
File Number: 3-22301
Release No. IA-6768
File Number: 3-22300
Release No. 34-101545
File Number: 3-22299
Release No. 34-101544
File Number: 3-22298
Release No. 34-101542
File Number: 3-22297
Release No. 34-101541
File Number: 3-22296
Release No. 34-101539
File Number: 3-22295
Release No. 34-101538
File Number: 3-22294
Release No. 34-101535
File Number: 3-22293
Release No. 34-101534
File Number: 3-22292
Release No. IA-6766
File Number: 3-22291
Release No. 34-101528
File Number: 3-22290
Release No. 34-101527
File Number: 3-22289
Release No. 34-101523
File Number: 3-22288
Release No. 34-101522
File Number: 3-22287
Release No. 34-101521, IA-6765
File Number: 3-22286
Release No. 34-101513
Comments Due:

30 days from date of this Notice

File Number: 3-20185
Release No. 34-101512
File Number: 3-21295
Release No. 34-101508
File Number: 3-21405
Release No. IA-6763
File Number: 3-22283
Release No. IA-6761, IC-35374
File Number: 3-22282
Release No. 33-11324, 34-101495, IA-6760
File Number: 3-22280
Release No. IC-35373
File Number: 3-22281
Release No. 34-101494, IA-6759
File Number: 3-22278
Release No. 34-101493, IA-6758
File Number: 3-22279
Release No. 34-101484
File Number: 3-20166
Release No. 34-101472
File Number: 3-22277
Release No. 34-101459
Comments Due:

Thirty (30) days from the date of this Notice

File Number: 3-21585
Release No. IA-6756
File Number: 3-22275
Release No. 34-101424
File Number: 3-22274
Release No. IA-6754
File Number: 3-22273
Release No. 33-11323 , 34-101401
File Number: 3-22272
Release No. 33-11322, 34-101400
File Number: 3-22271
Release No. 33-11321, 34-101399
File Number: 3-22270
Release No. 33-11320, 34-101398
File Number: 3-22269
Release No. 34-101395
Comments Due:

Thirty (30) days from the date of this Notice

File Number: 3-20954
Release No. IA-6753, IC-35364
File Number: 3-22268
Release No. 34-101379
File Number: 3-22267
Release No. 34-101378
File Number: 3-22266
Release No. 34-101376
File Number: 3-22265
Release No. 34-101366
File Number: 3-22264
Release No. 34-101361
File Number: 3-22259
Release No. 34-101365
File Number: 3-22263
Release No. 34-101363
File Number: 3-22261
Release No. 34-101353, AAER-4534
File Number: 3-22256
Release No. 34-101362
File Number: 3-22260
Release No. 34-101364
File Number: 3-22262
Release No. 34-101355
File Number: 3-22258
Release No. 34-101354
File Number: 3-22257
Release No. 34-101352, IA-6750
File Number: 3-22255
Release No. 33-11318, 34-101350, IA-6749
File Number: 3-22254
Release No. 34-101347
File Number: 3-22253
Release No. 34-101344
File Number: 3-22252
Release No. 34-101334
File Number: 3-22248
Release No. 34-101335
File Number: 3-22249
Release No. 34-101343
File Number: 3-22251
Release No. 34-101339
File Number: 3-22250