US SEC to focus exams on AI and private credit in FY27
The US Securities and Exchange Commission will focus its exams on private credit and artificial intelligence in FY27, the headline says. Exams are reviews that check whether firms follow financial rules.
Quick glossaryUS SEC, SEC, FY27
- US SEC
- The US agency that oversees stock markets and companies that sell shares or bonds, making sure they follow financial rules.
- SEC
- The US Securities and Exchange Commission is the main regulator of stock markets and investment firms in America.
- FY27
- A financial year is a 12-month budgeting period; FY27 is the one for 2026-27, used by many governments and companies.
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