#SECGuidance According to PANews, the U.S. Securities and Exchange Commission (SEC), through its Division of Corporation Finance, has issued new guidance to clarify how federal securities laws apply within the crypto asset industry. This guidance is designed to help entities comply with registration and disclosure obligations related to crypto networks, digital applications, and assets that may be considered part of investment contracts.
The statement outlines essential disclosure components required in filings such as Regulation S-K, Form S-1, and Form 10. These components cover areas like business overviews, potential risks, details of the securities offered, information about management, financial data, and how smart contract code is presented. This initiative aims to bring greater transparency and understanding regarding the treatment of equity and debt securities tied to crypto assets.