According to reports, according to two people familiar with the matter, US President Trump's Administration Efficiency Department has proposed an initiative to push the US Securities and Exchange Commission to relax regulations on Wall Street for special purpose acquisitions and regulations requiring private equity funds to make confidential reports. Sources said that until now, DOGE officials responsible for the SEC have been focusing on cutting costs, but they have sought meetings with employees in recent weeks to discuss easing what some companies call cumbersome and unnecessary regulations, including revising the regulations on SPACs during the Biden era and the requirement that private equity advisors disclose more data in confidential form to help regulators more easily detect systemic risks. DOGE's initiative was previously unreported and is part of the government's broader deregulation measures. The Trump administration has said it hopes to drastically reduce government supervision to stimulate economic growth.

According to reports, according to two people familiar with the matter, US President Trump's Administration Efficiency Department has proposed an initiative to push the US Securities and Exchange Commission to relax regulations on Wall Street for special purpose acquisitions and regulations requiring private equity funds to make confidential reports. Sources said that until now, DOGE officials responsible for the SEC have been focusing on cutting costs, but they have sought meetings with employees in recent weeks to discuss easing what some companies call cumbersome and unnecessary regulations, including revising the regulations on SPACs during the Biden era and the requirement that private equity advisors disclose more data in confidential form to help regulators more easily detect systemic risks. DOGE's initiative was previously unreported and is part of the government's broader deregulation measures. The Trump administration has said it hopes to drastically reduce government supervision to stimulate economic growth.