Understand the accredited investor rule, including the requirements for qualification, why the requirement exists, and how the accredited investor rules may change.

California will require most venture capital firms with state ties to report anonymized demographic data on founders starting this year, imposing new compliance obligations and increasing transparency across the VC ecosystem.

Carta Policy looks back on key 2025 wins—including tax reform, the INVEST Act, and SEC engagement—and previews a pivotal 2026 for private market regulation, capital access, and digital asset policy.

Policy shifts and product innovations in private credit are helping to expand access for investors. Learn how the regulatory landscape is impacting fund operations and what's next for this private market pillar.

Industry pushed policymakers to delay and repropose the rules, originally scheduled to take effect January 1, 2026. Investment advisers are now exempted until January 1, 2028.

In the first installment of our new series, the Carta policy team takes a look at the issues, the dynamics, the flashpoints, and the moments to watch in a tumultuous year.