SEC Issues Crypto Securities Disclosure Statement as IRS DeFi Broker Rule Repealed
By EsqSocial Corporation 15/04/25
The Securities and Exchange Commission (SEC) Division of Corporation Finance issued a new statement about SEC staff’s experience with SEC disclosure requirements for crypto-related offerings that qualify as securities. The statement distinguishes between tokens that are themselves securities, those sold as part of investment contracts, and those falling completely outside SEC jurisdiction, but does not purport to give guidance on the application of the Howey test. This statement follows the...
By: Katten Muchin Rosenman LLP