The U.S. Securities and Exchange Commission’s Office of the Investor Advocate delivered its Report on Activities for Fiscal Year 2025 to Congress, outlining the office’s key workstreams across investor research, engagement, advocacy, and investor assistance. The report covers investor research activities including a working paper on accredited investors and their ownership of private market securities, and describes engagement with a broad range of investors alongside internal and external collaboration to amplify investor perspectives. It also discusses ongoing advocacy focused on private markets, disclosure, and the investor impact of certain rule proposals, and summarizes the Ombuds Office’s efforts to assist investors and the matters handled during the fiscal year. The release reiterates the Office of the Investor Advocate’s statutory role as an independent office established by Congress to help retail investors resolve issues with the SEC and self-regulatory organizations, identify areas for beneficial rule changes, analyze investor impacts of proposed regulations, and propose regulatory or legislative changes.
U.S. Securities & Exchange Commission 2025-12-17
U.S. Securities and Exchange Commission Office of the Investor Advocate submits fiscal year 2025 activities report to Congress
The U.S. Securities and Exchange Commission’s Office of the Investor Advocate submitted its Fiscal Year 2025 Report on Activities to Congress, detailing key workstreams in investor research, engagement, advocacy, and assistance. The report highlights research on accredited investors, advocacy in private markets and disclosure, and the Ombuds Office's investor support efforts. It underscores the office's role in aiding retail investors and proposing beneficial regulatory changes.