#SECGuidance According to PANews, the U.S. Securities and Exchange Commission (SEC), through its Division of Corporation Finance, has issued a statement to clarify how federal securities laws apply to the crypto asset market. The guidance is designed to help with meeting registration and disclosure requirements for securities tied to networks, applications, and crypto assets, particularly those involved in investment contracts.
The statement outlines key disclosure components for filings such as Regulation S-K, Form S-1, and Form 10. These components include descriptions of the business, risk factors, the nature of the securities, management details, financial statements, and the presentation of smart contract code. The SEC aims to offer greater clarity on how these requirements relate to both equity and debt securities linked to crypto assets.