The SEC’s cyber police force still plans to patrol the markets during President Trump’s second administration, although it will carry a new name – the Cyber and Emerging Technologies Unit (CETU). The Commission announced seven priorities for CETU, six of which emphasize fraud, with AI deception topping the list. This article discusses the SEC’s cyber and AI enforcement on the horizon, amid ballooning AI hype, and provides six steps that companies can consider to prepare for CETU’s new priorities, with insights from SEC enforcement specialists at A&O Shearman, Davis Polk, Debevoise, Katz Banks Kumin, and Morrison & Foerster. See “SEC Stresses Cybersecurity, AI and Crypto in Its 2025 Exam Priorities” (Dec. 18, 2024).