US Regulatory Watch — SEC / FDA / FTC

US Regulatory Watch — Week of May 20–27, 2026

27 regulatory actions from SEC, FDA, and FTC this week. SEC proposes its largest deregulatory shift in 20+ years — expanding shelf registration and cutting ICFR attestation requirements. FTC launches TAKE IT DOWN Act enforcement and settles AI-washing case with Cox Media Group ($930K). FDA approves first-ever HDV treatment and issues CGMP warning letters to three drug manufacturers.