The SEC is keeping a closer eye on crypto following FTX’s collapse.
The SEC’s Division of Corporation Finance — the branch that ensures companies disclose necessary information to investors — issued the guidance, which is supposed to help companies prepare disclosure documents. It doesn’t formally introduce new disclosure requirements, but the set of recommendations is a sign that the regulator’s keeping a closer eye on crypto.
As noted in the sample letter, the SEC says companies should discuss whether they’ve been exposed to crypto firms that have filed for bankruptcy, suspended withdrawals, or experienced an excessive amount of withdrawals. It also asks companies to outline the steps they’re taking to secure customers’ crypto assets, as well as whether the disruption in the crypto market has caused them “reputational harm.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
SEC Tells US-Listed Companies They’d Better Disclose Crypto DamageThe U.S. Securities and Exchange Commission issued letters to companies flagging the need to disclose any potential impacts from mayhem in the crypto markets. jesseahamilton nikhileshde report
Weiterlesen »
SEC Asks Public Companies for More Information About Crypto ExposureThe SEC is asking public companies to detail their exposure to distressed crypto entities following the collapse of trading platform FTX and its affiliates
Weiterlesen »
Treasury Sec. Yellen: US recession is not inevitableReuters reports that the US Treasury Secretary Janet Yellen on Thursday said the Biden administration was listening to concerns raised by European all
Weiterlesen »
SEC issues new guidance requiring companies to disclose digital currency risksThe SEC released new guidance for companies on disclosures with cryptocurrency firms after the failure of crypto exchange, FTX
Weiterlesen »
Tide lineman in transfer portal finds new home at SEC schoolAlabama offensive lineman Tanner Bowles, who entered the NCAA transfer portal last week, has chosen Kentucky as his new school.
Weiterlesen »