Regulatory & Compliance
The SEC Wants to Open Private Markets to Retail Investors. The Liquidity Problem Is Already Showing Up.
TL;DR: On July 7, 2026, the SEC published its 2026 Reg Flex Agenda, listing "Enhancing Retail Exposure to Private Markets" as one of roughly 40 planned rulemakings. That follows the SEC's decision to scrap the old 15%...
Jeff Barnes, MBA··10 min read
Regulatory & Compliance
The SEC's New Retail Fraud Working Group Is a 2017 Rerun, and the Numbers Say Watch Closely
TL;DR: The SEC created a new Retail Fraud Working Group on July 7, 2026, led by Kate Zoladz, Kim Frederick, and David Woodcock. It is a near-copy of the Retail Strategy Task Force that Jay Clayton lau
Jeff Barnes, MBA··10 min read
Regulatory & Compliance
Reg D vs Reg A+ vs Reg CF: Which Securities Exemption Should You Use?
Reg D is best for raising capital from accredited investors with minimal disclosure; Reg A+ allows up to $75 million from the general public with light SEC review; Reg CF enables crowdfunding from non-accredited investors but caps raises at $5 million. Choose based on your investor type, fundraisi
AIN Editorial Team··7 min read