Policy
SEC Proposes Opening Private Markets to Retail Investors and Asks Whether Credentials Should Confer Accredited Status
A package the Commission describes as the 'responsible retailization of private markets' would broaden performance fees, modernize interval funds and replace case-by-case closed-end fund orders.
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By Marcus Elrod
Oct 1, 2026 · 5 min read
The Securities and Exchange Commission voted to propose amendments it describes as advancing the responsible retailization of private markets, a package aimed at expanding retail access to private-market investments.
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Marcus Elrod
Marcus tracks positioning, flows and rates. He writes CI's weekly market internals column.
Marcus Elrod writes for Corporate Insider Inc.