On February 18, 2026, the Securities and Exchange Commission proposed additional amendments to the reporting requirements on Form N-PORT for certain registered investment companies that will, if adopted, provide those funds with relief from existing requirements, as well as adding certain new reporting requirements. The SEC is seeking public comments on the proposal, which will be due 60 days after publication in the Federal Register.

The Supreme Court will hear Anderson v. Intel, a case that could reshape how ERISA fiduciaries evaluate and select alternative investments like private equity and hedge funds for retirement plans. The case arrives amid significant regulatory activity, including President Trump's August 2025 Executive Order directing the DOL and SEC to reduce barriers to alternative investments in 401(k) plans and pending DOL rulemaking on fiduciary duties in investment selection.