The Securities and Exchange Commission today voted to propose rule amendments that would facilitate capital formation in the public and private markets by expanding retail investor choice and promoting innovation in regulated fund structures.
The proposal, announced by the SEC, is intended to expand the responsible retailization of private markets, giving retail investors greater access to investment opportunities while maintaining a regulated framework.
The SEC said the amendments would also promote innovation in regulated fund structures. The agency did not provide further details on the specific provisions of the proposal in its announcement.
The proposed amendments will be subject to a public comment period before any final action is taken.