Private Ayes: SEC Votes Yes on Proposals to Expand Retail Access

SEC Opens New Doors to Private Markets With Knowledge Test and Professional Credentials

The SEC proposed letting investors qualify as accredited via a new FINRA exam or professional credentials like CPA and CFA licenses instead of wealth tests. Paired with performance fee and interval fund changes, the moves aim to widen retail access to private markets while sparking debate over risks and readiness.

SEC proposes expanding retail investor access to private markets

The regulator voted Wednesday to allow more advisers to charge performance fees and to modernize the interval fund framework

SEC opens the door to more retail money in private markets — as investors face fresh risks getting out

The Securities and Exchange Commission has approved new plans to open private markets up to retail investors.

Private Ayes: SEC Votes Yes on Proposals to Expand Retail Access

The agency is proposing to allow performance-based compensation, to make interval funds more accessible and to change accredited investor standards.

Trump SEC Accused of Letting Wall Street 'Prey On' Everyday Americans With New Proposals

After the SEC proposed rules to promote private market investments by retail investors, critics accused the agency of serving Wall Street over the public.

US SEC proposes wider retail investor access to private assets amid risk concerns

The SEC has proposed new rules to expand access to private assets typically available only to wealthy investors. These rules aim to allow more professionals to qualify as accredited investors, which may lead to higher returns. Critics express concern that this move could expose retail investors to significant risks and fees. Additionally, proposed changes would allow closed-end funds to redeem shares more frequently and offer varied share classe…