The U.S. Securities and Exchange Commission (SEC) Division of Examinations has released its examination priorities for fiscal year 2027, listing "super-intelligence and other advanced technologies that may affect market operations, compliance, fraud prevention, and investor protection" and "tokenization" as areas of focus. This marks a shift in the SEC's scrutiny of AI from business tools to systemic market variables, and the first time tokenization risks have been included in market infrastructure examination priorities, implying that related compliance programs will face stricter scrutiny.