SEC Forms New Retail Fraud Working Group and Outlines 2026 Regulatory Agenda, Including Crypto and Retail Access to Private Markets

The U.S. Securities and Exchange Commission (SEC) announced the formation of a new Retail Fraud Working Group and released its 2026 Regulatory Agenda. The agenda emphasizes embracing innovation to bring more crypto products onshore, establishing clear rules for capital raising with crypto assets, and providing clarity for market participants on custody and trading of tokenized securities. Additionally, the SEC aims to facilitate retail investor participation in private markets while maintaining investor protections.