SEC sends letter to companies urging updated disclosures amid ‘widespread disruption’ in crypto markets

SEC sends letter to companies urging updated disclosures amid ‘widespread disruption’ in crypto markets

The Securities and Exchange Commission is sending a letter to U.S. public companies asking firms evaluate their disclosure obligations, including a “specific tailored disclosure,” about how recent crypto bankruptcies and broader financial distress across the digital asset market may have hit their business.

The letter is intended to illustrate the type of comments the securities agency might send to public companies.

β€œIn meeting their disclosure obligations, companies should consider the…


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