Bloomberg Law SCOTUS Gun Cases & New Focus at SEC
Oct 22, 2025
James Park, a securities law professor at UCLA, talks about the SEC's evolving enforcement landscape under Gary Gensler, highlighting shifts in priorities and compliance challenges. Andrew Willinger, Executive Director of the Duke Center for Firearms Law, delves into crucial Supreme Court gun cases, discussing the historical context of firearm regulations. They also explore the implications of state laws after landmark decisions and the complexities surrounding the interaction of drug use and gun possession, offering a captivating dive into law's intersection with current events.
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Gensler Era Emphasized Aggressive Enforcement
- Under Gary Gensler the SEC pursued wide-ranging, innovative enforcement focused on deterrence and record penalties.
- James Park says that era prioritized corporate accountability and creative legal theories like shadow trading.
Atkins Focuses On Individuals And Clear Misconduct
- Paul Atkins shifted the SEC toward clear cases of intentional wrongdoing and individual prosecutions.
- Park contrasts this with Gensler's corporate-culture focus and expects more individual-targeted enforcement.
Fewer Actions May Reflect Transition, Not Only Policy
- Enforcement actions dropped after the administration change, potentially due to transition, leadership gaps, or policy shifts.
- Park notes the enforcement director was only appointed in September, which can slow case openings.
