Chairman Jay Clayton's vision for the Securities and Exchange Commission has largely shaped the first half of 2018, with policies and initiatives focused on the "main street investor" and combating clear cases of outright fraud. The number of highly technical and complex accounting and auditing enforcement actions continues to decline, but the robust control environments that companies have designed and implemented over the past several years continue to be as important today as they have ever been. In addition, corporate leaders should be aware of the SEC's evolving posture with respect to cybersecurity disclosures, whistleblower reports, and standards of professional conduct for broker-dealers.