In addition to its traditional caseflow, SEC Enforcement’s 2018 year-end report shows that digital assets will be at the forefront of regulatory scrutiny during the coming year — with the SEC’s still-new Cyber Unit zeroing in on ICOs and token-offering cases, broker-dealer and investment adviser registration issues, and outright frauds involving digital assets. Cyber breach cases will also see a significant uptick. Enforcement will focus particularly on “Main Street” cases, a Chairman Clayton priority. CFTC Enforcement will focus on fraud in cryptocurrency cash markets, cross-market and mere attempted spoofing, and its new focus on insider trading and protection of confidential customer information. FINRA’s enforcement activity will likely step up as it moves beyond its recent FINRA 360 reorganization.