SEC Enforcement’s November 2017 “priorities” report promises a “vigorous” 2018 program that will increasingly target individuals along with their entities, demand “goal focused” sanctions “tailored” to particular situations, and increasingly rely on technology and data analytics. Recent SEC initiatives include a new Cyber Unit with expertise in cyber-intrusions, distributed ledger technology, and the dark web. The SEC has also created a Retail Strategy Task Force to ensure equal focus on Main Street and Wall Street. The SEC has committed to moving its investigations faster, particularly in view of the recent Supreme Court ruling holding the SEC to a five-year statute of limitations in disgorgement and penalty claims. Meanwhile, FINRA’s recent merger of its two enforcement teams into a single unit with a new leader – part of the “FINRA 360” self-evaluation – will likely produce new SRO enforcement approaches.