#SECGuidance

According to PANews, the U.S. Securities and Exchange Commission (SEC) issued a statement through its Division of Corporate Finance to clarify the application of federal securities laws in the crypto asset market. This guidance aims to assist with registration and disclosure requirements for securities related 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 the securities, management information, financial statements, and the presentation of the smart contract code. The SEC's guidance is intended to provide clarity on how these requirements apply to equity and debt securities associated with crypto assets.