The SEC’s 2026 regulatory agenda lays out proposed amendments to broker-dealer rules that would reshape how crypto exchanges, alternative trading systems, and custodians operate under federal securities law.
What the agenda actually contains
The centerpiece of the SEC’s 2026 agenda is a set of proposed amendments filed under RIN 3235-AN48. These amendments target the financial responsibility, recordkeeping, and reporting rules that govern broker-dealers handling crypto assets.
The agenda also contemplates changes to rules governing crypto trading on alternative trading systems (ATS) and national securities exchanges. Custody standards are on the table too.
On March 17, 2026, the SEC issued an interpretive release that introduced a five-category token taxonomy that sorts digital assets into digital commodities, collectibles, tools, stablecoins, and securities.
