SEC Staff Highlights Disclosures Regarding Crypto Market Developments

SEC Division of Corporation Finance Publishes Sample Comment Letter Regarding Disclosure Obligations With Respect to Recent Events and Conditions in the Crypto Markets Sullivan & Cromwell LLP - December 9, 2022

On December 8, 2022, the Division of Corporation Finance of the SEC published sample comments it may issue to companies regarding their disclosure obligations with respect to recent events and conditions in the crypto markets. The sample comments are relevant for SEC-reporting companies and those planning to register securities offerings with the SEC. Companies contemplating private capital raises or other securities offerings exempt from registration requirements should also consider the Division’s views.