ANALYSIS: Four Spots Biden Is Likely to Reverse SEC Deregulation

In a Biden administration, a reconstituted SEC led by a Democratic chair and consisting of a Democratic majority will most likely launch an active rulemaking agenda, roll back Trump-era regulations, and step up its enforcement and inspections programs.

Here are the four places to look first as the SEC retires the Commission’s current deregulatory approach.

Inspections and Enforcement

Under Democratic leadership, the SEC is likely to return to more aggressive inspection and enforcement programs than that seen in recent years. The Enforcement Division under Chairman Jay Clayton has brought fewer cases than under the leadership of his predecessor, Mary Jo ...