SEC Publishes Sample Comment Letter on Crypto Disclosure

Summary

This article discusses the Sample Letter to Companies Regarding Recent Developments in Crypto Asset Markets published by the Securities and Exchange Commission (SEC) on December 8, 2022. Public companies and companies seeking to register with the SEC have an obligation to publicly disclose material information to investors. The SEC reviews company filings and may provide comments asking the companies to clarify or expand on their disclosure. Sample comment letters provide insight into areas of SEC focus, as well as examples of actual comments that the SEC may provide.