As the Private Market Landscape Transforms in 2025, Here's a Look Into the SEC's Pioneering Changes

Six months into the second term of President Donald Trump, there’s been a major climb in regulatory altitude at the U.S. Securities and Exchange Commission (SEC). The bird’s eye view shows the landscape of private markets being restructured with stronger emphasis on deregulation. As informed insiders would tell you, venture capital and private equity firms are feeling the aftershocks.

The SEC’s new accelerator pedal? Paul Atkins, the Chair who took office in April. Atkins was once a commissioner under President George W. Bush. His track record, coupled with his current mandate, has painted a picture of intention—declaring that making retail access to private markets easier is a top priority.

The former commissioner-turned-champion has indeed brought tangible change to the Commission’s stance on regulation. The previous six months alone have indicated a significant shift in policy, making the prospect of investing in private markets a more viable option for more players.