U.S. Securities and Exchange Commission

TODAY 🚨: The SEC is announcing the Division of Examinations’ FY2027 examination priorities. The annual report identifies key areas of focus as the Division carries out its mission to promote compliance, prevent fraud, identify and monitor risk, and inform SEC policy.

This week, Brian Daly, Director of the SEC’s Division of Investment Management, joined Brooke Masters for a fireside chat at the Financial Times Future of Asset Management North America conference to discuss the Commission’s efforts around “responsible retailization” – expanding access to alternative assets for retail investors while maintaining the guardrails that underpin fair and resilient markets. “[The SEC’s efforts are] about incenting advisors to bring alternative exposures to the retail market in a way that makes sense.”

🚨 NEW EP: Material Matters with @SECPaulSAtkins & SEC Enforcement Director David Woodcock “We want to be credible, visible, & vigorous. But we also want to be aligned with the larger priorities. We want to make sure that what we're doing is not squashing innovation.” 🔗 BELOW

READ: Commissioner Mark Uyeda's latest in @FinancialTimes ⬇️ "The US Securities and Exchange Commission’s commitment to its mission remains unchanged, despite the departure of my good friend, Commissioner Hester Peirce. Suggesting that the SEC is 'hastily revamp[ing]' its quorum rule so that the remaining commissioners can 'have their way' makes for a colourful comparison to fictional dystopian regimes but misleads readers about why the Commission revised its quorum rule and why it’s for the better." 🔗 to the full article in the comments.

Relationship investment scams can start with a simple text or DM. Scammers try to form a friendship with you — before offering a phony investment opportunity. Once the bait is taken, they vanish, along with your money. Talk about a bad friend. Learn more: investor.gov/RelationshipSca…

TODAY 🚨: The Commission proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds, i.e. registered investment companies and business development companies.

THIS WEEK: The SEC took steps to simplify the process for retail investors to have their voices heard through shareholder voting. Through a series of no-action letters, SEC staff provided greater certainty to public companies and investment funds desiring to offer their retail shareholders more flexible ways to cast their votes on important matters.

Chairman @SECPaulSAtkins on Making IPOs Great Again: “We have had 583 companies go public in the last year and a half." "That’s up 75% from the previous year and a half of the last part of the Biden administration . . . I want to keep our public markets strong."

Not just for newborns: any U.S. child under 18 with a Social Security number is eligible to open a Trump Account! Learn all about Trump Accounts and how they can help fund your child’s future. investor.gov/TrumpAccounts

Jamie Selway (SEC Director, Division of Trading & Markets) on @BloombergTV "Tokenization & crypto have been politicized recently. But it's not naturally a politicized function . . . Success of the country in terms of developing these markets should have good bipartisan support."