#SECGuidance

The SEC has released guidance on the registration and disclosure of securities related to crypto assets

AI Overview

According to PANews, the U.S. Securities and Exchange Commission (SEC) has issued a statement through its Office of Corporate Finance to clarify the application of federal securities laws in the crypto asset market. This guidance is aimed at assisting with the registration and disclosure requirements for securities tied to networks, applications, and crypto assets, including those that are part of investment contracts.

The statement addresses key disclosure elements in documents such as Regulation S-K, Form S-1, and Form 10. These elements include business descriptions, risk factors, characteristics of securities, management information, financial statements, and the presentation of the smart contract code. The SEC's guidance is intended to clarify how these requirements apply to equity and debt securities related to crypto assets.