Research

One of the main goals of the Securities Enforcement Empirical Database (SEED) is to further research on SEC actions initiated against public companies traded on major U.S. exchanges and their subsidiaries. This page features research published by SEED in collaboration with Cornerstone Research, as well as original academic, industry, and NYU student research. Users may also visit the SEED Analysis page that highlights ongoing trends identified through SEED data.

SEED and Cornerstone Research Reports

SEC Enforcement Activity Against Public Companies and Subsidiaries: FY 2022 Update (November 16, 2022)

SEC Enforcement Activity Against Public Companies and Subsidiaries: FY 2021 Update (November 17, 2021)

 

Past Reports

SEC Enforcement Activity Against Public Companies and Subsidiaries: FY 2020 Update (November 18, 2020)

SEC Enforcement Activity Against Public Companies and Subsidiaries: FY 2019 Update (November 20, 2019)

SEC Enforcement Activity Against Public Companies and Subsidiaries: Midyear FY 2019 Update (May 15, 2019)

SEC Enforcement Activity Against Public Companies and Subsidiaries: FY 2018 Update (December 11, 2018)

SEC Enforcement Activity Against Public Companies and Subsidiaries: Midyear FY 2018 Update (May 15, 2018)

SEC Enforcement Activity Against Public Companies and Subsidiaries: FY 2017 Update (November 14, 2017)

SEC Enforcement Activity: Public Companies and Subsidiaries: Midyear FY 2017 Update (May 9, 2017)

SEC Enforcement Activity Against Public Companies and Their Subsidiaries: FY 2016 Update (November 15, 2016)

SEC Enforcement Activity Against Public Companies and Their Subsidiaries: Midyear FY 2016 Update (May 17,2016)

SEC Enforcement Activity Against Public Company Defendants: FY 2010-2015 Research Report (January 12, 2016)

Academic and Industry Research

Jill E. Fisch & Xian Gu, Friends in High Places: Political Ties and SEC Oversight of Foreign Firms, Working Paper (August 28, 2022)

Jinjie Lin, Regulating via Social Media: Deterrence Effects of the SEC's Use of Twitter, Working Paper (November 1, 2021)

Stephen J. Choi, Measuring the Impact of SEC Enforcement Decisions, 89 Fordham L. Rev. 385 (2020)

David Rosenfeld, Civil Penalties against Public Companies in SEC Enforcement Actions: An Empirical Analysis, 22 U. Pa. J. Bus. L. 135 (2019)

Stephen J. Choi & A.C. Pritchard, The SEC's Shift to Administrative Proceedings: An Empirical Assessment, 34 Yale J. on Reg. 1 (2017)

NYU Fellows and Students Research 

Giovanni Patti & Peter Robau, SEC Regional Offices, 18 N.Y.U. J.L. & Bus. 471 (2022)

Giovanni Patti & Peter Robau, Admission of Guilt to the SEC under Chair Jay Clayton, Compliance & Enforcement (January 2021)

Caroline E. Dayton, An Empirical Analysis of SEC Enforcement Actions in Light of the Dodd-Frank Whistleblower Program, 12 N.Y.U. J.L. & Bus. 215 (2015-2016)