{
  "version": 1,
  "event_id": "evt_7671618f851ce554",
  "url": "https://xiyu.news/events/evt_7671618f851ce554/",
  "json": "https://xiyu.news/api/events/evt_7671618f851ce554.json",
  "type": "regulatory_action",
  "status": "monitoring",
  "category": "policy",
  "title": {
    "zh": "SEC提议修订规则，扩大私人市场负责任的零售化",
    "en": "SEC Proposes Amendments to Expand Responsible Retailization of Private Markets"
  },
  "current_state": {
    "zh": "SEC已提议修改规则以扩大散户进入私募市场的渠道，包括允许顾问收取最高20%的绩效费，并将合格投资者定义扩大至注册会计师和特许金融分析师等专业人士。",
    "en": "The SEC has proposed amendments to expand retail investor access to private markets, including allowing advisers to charge up to 20% performance fees and expanding the accredited investor definition to include professionals such as CPAs and CFAs."
  },
  "first_seen_at": "2026-09-30T18:03:54.864990+00:00",
  "last_updated_at": "2026-09-30T18:03:55.357671+00:00",
  "last_material_change_at": "2026-09-30T18:03:55.357671+00:00",
  "confidence": 0.75,
  "updates_count": 2,
  "sources_count": 2,
  "entities": [
    "amendments",
    "expand",
    "markets",
    "private",
    "private-markets",
    "proposes",
    "responsible",
    "retailization",
    "sec"
  ],
  "identifiers": [],
  "topics": [
    "accredited-investor",
    "fund-structures",
    "private-markets",
    "retail-access",
    "retail-investors",
    "sec"
  ],
  "updates": [
    {
      "update_id": "upd_876c464edf671cdb",
      "event_id": "evt_7671618f851ce554",
      "occurred_at": "2026-09-30T15:45:00Z",
      "published_at": "2026-09-30T15:45:00Z",
      "first_seen_at": "2026-09-30T18:03:54.864990Z",
      "time_precision": "published",
      "update_type": "initial",
      "material_change": true,
      "title_zh": "SEC提议修订规则，扩大私人市场负责任的零售化",
      "title_en": "SEC Proposes Amendments to Expand Responsible Retailization of Private Markets",
      "what_changed_zh": "SEC投票提议修订规则，旨在通过扩大散户投资者在私人市场中的选择并鼓励受监管基金结构的创新，促进资本形成。",
      "what_changed_en": "The SEC voted to propose amendments aimed at facilitating capital formation by expanding retail investor choice in private markets and encouraging innovation in regulated fund structures.",
      "current_state_zh": "SEC投票提议修订规则，旨在通过扩大散户投资者在私人市场中的选择并鼓励受监管基金结构的创新，促进资本形成。",
      "current_state_en": "The SEC voted to propose amendments aimed at facilitating capital formation by expanding retail investor choice in private markets and encouraging innovation in regulated fund structures.",
      "detailed_summary_zh": "The SEC voted to propose amendments aimed at facilitating capital formation by expanding retail investor choice in private markets and encouraging innovation in regulated fund structures.",
      "detailed_summary_en": "The SEC voted to propose amendments aimed at facilitating capital formation by expanding retail investor choice in private markets and encouraging innovation in regulated fund structures.",
      "background_zh": "",
      "background_en": "",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "",
      "market_impact_en": "",
      "importance_score": 7.0,
      "references": [],
      "confidence": 0.75,
      "story_ids": [
        "rss:www.sec.gov_news_pressreleases.rss:496422d866d4e338"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/newsroom/press-releases/2026-96-sec-proposes-amendments-expand-responsible-retailization-private-markets",
          "label": "SEC Press Releases",
          "source_type": "rss",
          "official": false
        }
      ]
    },
    {
      "update_id": "upd_70e420ee2c70691c",
      "event_id": "evt_7671618f851ce554",
      "occurred_at": "2026-09-30T16:12:02Z",
      "published_at": "2026-09-30T16:12:02Z",
      "first_seen_at": "2026-09-30T18:03:55.357671Z",
      "time_precision": "published",
      "update_type": "confirmation",
      "material_change": true,
      "title_zh": "美SEC拟放宽私募投资门槛，推动散户进入私募市场",
      "title_en": "美SEC拟放宽私募投资门槛，推动散户进入私募市场",
      "what_changed_zh": "SEC提议允许注册投资顾问收取最高20%的绩效费，并将合格投资者定义扩大至注册会计师和特许金融分析师等专业人士。",
      "what_changed_en": "The SEC proposed allowing registered investment advisers to charge up to 20% performance fees and expanding the accredited investor definition to include professionals such as CPAs and CFAs.",
      "current_state_zh": "SEC已提议修改规则以扩大散户进入私募市场的渠道，包括允许顾问收取最高20%的绩效费，并将合格投资者定义扩大至注册会计师和特许金融分析师等专业人士。",
      "current_state_en": "The SEC has proposed amendments to expand retail investor access to private markets, including allowing advisers to charge up to 20% performance fees and expanding the accredited investor definition to include professionals such as CPAs and CFAs.",
      "detailed_summary_zh": "The U.S. SEC proposed reforms to broaden retail investor access to private markets, including allowing advisers to charge up to 20% performance fees and expanding the accredited investor definition to professionals such as CPAs and CFAs.",
      "detailed_summary_en": "The U.S. SEC proposed reforms to broaden retail investor access to private markets, including allowing advisers to charge up to 20% performance fees and expanding the accredited investor definition to professionals such as CPAs and CFAs.",
      "background_zh": "",
      "background_en": "",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "",
      "market_impact_en": "",
      "importance_score": 7.0,
      "references": [],
      "confidence": 0.95,
      "story_ids": [
        "telegram:theblockbeats:198503"
      ],
      "sources": [
        {
          "url": "https://m.theblockbeats.info/flash/369821?from=telegram",
          "label": "theblockbeats",
          "source_type": "telegram",
          "official": false
        }
      ]
    }
  ]
}