[U.S. SEC Intensifies Scrutiny of SPVs Investing in Private Companies, Demands Proof of Asset Authenticity] BlockBeats News, September 1, according to a report by The Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) has intensified its scrutiny of companies behind so-called Special Purpose Vehicles (SPVs). According to sources familiar with the matter, SEC examiners have been requesting registered investment advisors to provide evidence proving that their SPVs indeed own or hold the private company shares they claim. Some insiders revealed that ahead of SpaceX's highly anticipated initial public offering and Anthropic's planned listing, such funds have ramped up their marketing efforts, while investor complaints have also increased, prompting regulators to strengthen their oversight. One of the sources stated that the SEC's current examinations typically include document requests, and some reviews also involve in-person interviews. The review process may last anywhere from several weeks to up to a year.