Legal

Securities Enforcement Data

Buy and sell securities enforcement data data. SEC actions, penalties, and disgorgement amounts — the regulatory enforcement data for capital markets.

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Overview

What Is Securities Enforcement Data?

Securities enforcement data comprises regulatory actions, penalties, and disgorgement amounts issued by the SEC against public companies, their subsidiaries, and individuals. This dataset includes detailed records of SEC enforcement cases, settlement amounts, civil penalties, and cooperative agreements tracked through systems like the Securities Enforcement Empirical Database (SEED). Buyers use this data to understand regulatory compliance trends, assess company risk profiles, and monitor enforcement patterns across the capital markets landscape. The market for securities enforcement data has shifted significantly in recent years. Fiscal year 2025 saw a record-breaking number of enforcement actions in Q1, followed by a substantial decline in subsequent quarters. The composition of settlements has evolved, with administrative proceedings now accounting for higher percentages of total monetary settlements, while disgorgement amounts hit record lows in recent years.

Market Data

73% in FY 2025

SEC Cooperation Rate in Settlements

Source: Cornerstone Research

$108 million (record low)

Total Disgorgement & Prejudgment Interest (FY 2025)

Source: Cornerstone Research

Record-breaking number

Record Enforcement Actions Q1 FY 2025

Source: Cleary Gottlieb

30% decline year-over-year

Enforcement Actions Against Public Companies FY 2025

Source: Cornerstone Research

Who Uses This Data

What AI models do with it.do with it.

01

Compliance & Risk Management

Companies and legal departments monitor SEC enforcement patterns to assess regulatory risk, understand penalty trends, and adjust compliance programs accordingly.

02

Investment Due Diligence

Institutional investors and asset managers analyze enforcement records and disgorgement amounts to evaluate target companies' regulatory history and governance quality.

03

Academic & Market Research

Researchers and analysts use enforcement data to study capital market behavior, regulatory effectiveness, and trends in SEC action types and settlement structures.

04

Legal & Consulting Services

Law firms and advisory firms track enforcement cases to benchmark penalties, identify enforcement priorities, and advise clients on likely regulatory outcomes.

What Can You Earn?

What it's worth.worth.

Public Enforcement Case Data

Varies

Pricing depends on dataset scope, historical depth, and frequency of updates. SEC public databases offer free access; premium providers add analytics and filtering.

Institutional Premium Feeds

Varies

Real-time or near-real-time enforcement alerts, parsed case details, and penalty breakdowns command premium rates for financial and legal firms.

Custom Enforcement Analysis

Varies

Bespoke research combining enforcement data with company financials, sector trends, or historical comparisons varies by scope and delivery method.

What Buyers Expect

What makes it valuable.valuable.

01

Complete Case Records

Buyers require comprehensive enforcement case details including defendant names, settlement amounts, charge descriptions, and final judgments to ensure data integrity.

02

Accurate Penalty & Disgorgement Figures

Precise civil penalty amounts, disgorgement orders, and prejudgment interest figures are critical for financial analysis and benchmarking exercises.

03

Regulatory Context

Data should include the regulatory area involved (fraud, insider trading, market manipulation, disclosure violations) to support risk categorization and trend analysis.

04

Timely Updates

For active use in due diligence and compliance monitoring, enforcement data must be updated regularly as new cases are filed and settlements are reached.

Companies Active Here

Who's buying.buying.

Institutional Asset Managers & Hedge Funds

Monitor enforcement data to assess regulatory risk in portfolio companies and identify red flags during due diligence.

Major Law Firms

Track SEC enforcement trends, penalty structures, and cooperation incentives to advise clients on regulatory exposure and settlement negotiation strategies.

Academic & Research Institutions

Analyze enforcement databases like SEED to study regulatory effectiveness, market behavior, and enforcement policy impacts.

Corporate Compliance Departments

Review enforcement case summaries and penalty trends to benchmark their own compliance programs and assess vulnerability to similar violations.

FAQ

Common questions.questions.

What is the Securities Enforcement Empirical Database (SEED)?

SEED is a comprehensive database created by the NYU Pollack Center for Law & Business in cooperation with Cornerstone Research that tracks and records information for SEC enforcement actions filed against public companies traded on major U.S. exchanges and their subsidiaries. It provides detailed records of cases, settlements, penalties, and cooperation data.

How much have SEC penalties declined recently?

In FY 2025, the total disgorgement and prejudgment interest was $108 million, the lowest amount in any fiscal year tracked by SEED—more than $300 million below the next-lowest total in FY 2012, reflecting a significant decline in monetary sanctions.

What enforcement trends should I watch in 2025?

FY 2025 showed volatile trends: record-breaking enforcement actions in Q1, followed by a 30% decline in enforcement actions against public companies for the full year. The SEC is focusing on cases with significant investor harm, offering fraud, insider trading, and market manipulation, with reduced headcount suggesting more selective enforcement.

Where can I access SEC enforcement data?

The SEC publishes enforcement data on SEC.gov, and it is aggregated in academic databases like SEED. Premium data providers offer parsed, filterable versions with real-time alerts and analytics for institutional subscribers. Much raw enforcement data is publicly available but requires processing for financial or legal analysis.

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