• 2016 Year in Review: Securities Litigation and Regulation
  • February 15, 2017 | Authors: Nathan Bull; Jason M. Halper; Adam Magid; Jared Stanisci
  • Law Firm: Cadwalader, Wickersham & Taft LLP - New York Office
  • 2016 was an active year in securities litigation. In the first half of 2016 alone, plaintiffs filed 119 new federal class action securities cases.1 It was also a busy year for SEC enforcement proceedings, with a record 868 cases filed, 548 of which were independent enforcement actions (as opposed to follow-up actions or cases based on delinquent regulatory filings).2 This continued the trend of growth in SEC enforcement activity, as independent actions have increased by nearly 61% since 2013. 3 Amid this activity, there were a number of important legal and regulatory developments, including in the following areas: