SEC Investigates Fraud Claims in Private Credit Markets

The Securities and Exchange Commission (SEC) is investigating allegations of fraud in private credit markets, the agency’s chairman said Monday (May 4). Speaking at the Milken Institute’s Global Conference 2026 , SEC Chairman Paul S. Atkins said: “There’s been allegations of fraud, and obviously I can’t talk about any specific cases, but we are investigating that as well.” Atkins added that it’s good that private markets exist because small and medium-sized businesses would otherwise have diffic