SEC Outlines New Regulatory Priorities

On September 4, 2025, the SEC released its latest regulatory agenda, detailing planned actions for the short and long term. The agenda focuses on easing compliance and boosting capital raising,including proposals to improve benefits for emerging growth companies (EGCs) and streamline reporting requirements.

Here are the key topics the SEC is prioritizing:

• Proposed Rule Stage:
  • Shareholder Proposal Modernization: The SEC is revisiting requirements for shareholder proposals (Exchange act Rule 14a-8). They aim to reduce burdens on companies and address changes since the rule’s last update.
  • EGC Enhancements & Filer Simplification: The SEC plans to propose expanding accommodations for EGCs and simplifying how companies are categorized for reporting. this should reduce compliance costs.¹
  • Crypto Assets: Expect proposed rules for offering and selling crypto assets. The SEC is considering exemptions and safe harbors to clarify regulations and provide market certainty.
  • Rule 144 safe Harbor: The SEC intends to revisit rules for reselling restricted securities under Rule 144, perhaps expanding the safe harbor to allow more transactions.
  • Shelf Registration Modernization: the Division is considering recommending updates to shelf registration processes.

Looking Ahead: These agenda items signal a potential shift towards a more balanced regulatory approach. Companies should monitor these developments closely, as they could significantly impact compliance obligations and fundraising strategies.

¹ Source: SEC Fall 2025 Regulatory Agenda