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.
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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 jesseahamilton nikhileshde Don't you love how they're always trying to do shit after the fact smh jesseahamilton nikhileshde He’s on one way mission to excise crypto from the US financial system, otherwise, his guidance would be clear & easy to follow for any exchange otherwise.Yet he seems consistently & constantly bringing financial punitive action against coin developers & companies to devalue coins jesseahamilton nikhileshde Do you know the names of the companies that were contacted?
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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 Don't worry be Happy ,and trust your political and economic leaders
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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 warning: coffee might be hot. What about Hunter Biden and Joe Biden and their collusion with the Chinese. 100% truth. So James Commie was working with his Lawyer James Baker to overthrow a sitting government. Checkmate kids. Your HERO Michael Avanti may be needed here. Call em up. Paints a different picture to the articles CNBC continually prints about Citadel. cnbc $amc $ape ape amc
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