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✉news BusinessPersonal Finance first seen 13 h ago, last 4 h ago, peak #15

SEC proposes investor exam to widen private-market access

Original: SEC proposes investor exam to expand private-market access — here's how it could work

The US Securities and Exchange Commission has floated a proposal that would require investors to pass an exam before gaining access to private markets, a space currently limited mainly to accredited wealthy individuals. The idea would test knowledge of the risks of private investments, potentially opening opportunities in private equity and venture capital to a broader pool of retail investors.

Why now: The SEC's proposal could significantly change who is allowed to invest in private markets, affecting millions of retail investors.

SECprivate marketsretail investors

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