#SECGuidance La **U.S. Securities and Exchange Commission (SEC)** provides guidance on a wide range of topics related to securities laws, disclosures, compliance, and enforcement. Below is an overview of the key areas where the SEC offers guidance, along with resources for stakeholders:

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### **1. Disclosure Guidance**

- **Financial Reports**: Guidance on filings such as **10-K**, **10-Q**, and **8-K**, including accounting standards (e.g., GAAP) and materiality assessments.

- **Non-GAAP Measures**: Rules for presenting non-GAAP financial metrics to avoid misleading investors.

- **Climate Disclosures**: Proposed rules (2022) for ESG-related risks and greenhouse gas emissions disclosures.

- **Cybersecurity Disclosures**: Requirements to report material cybersecurity incidents and risk management (e.g., 2023 rules).

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### **2. Compliance and Regulation Guidance**

- **Sarbanes-Oxley Act (SOX)**: Internal controls and auditor independence.

- **Dodd-Frank Act**: Whistleblower protections, derivatives regulation, and reporting on conflict minerals.

- **Regulation FD (Fair Disclosure)**: Prohibition of selective disclosure of material non-public information.

- **SEC Rule 10b-5**: Provisions against fraud in trading on insider information and market manipulation.

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### **3. Investor Protection**

- **Risk Alerts**: The SEC's Office of Compliance Inspections and Examinations (OCIE) publishes alerts on compliance risks.

- **Investor Bulletins**: Educational resources on topics such as cryptocurrencies, Ponzi schemes, and retirement accounts.

- **Whistleblower Program**: Guidance for reporting violations and eligibility for rewards.

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### **4. Digital Assets and Crypto**

- **Howey Test**: Framework for determining whether a cryptocurrency asset