Crypto disclosure policing to be set up by SEC office

North America United States

The Securities and Exchange Commission revealed in its annual “examination priorities” update the commission’s Compliance Inspections and Examinations (OCIE) intends to place more focus on cryptocurrencies market with the goal of monitoring risks, preventing frauds and improving compliance.

The emphasis will be placed on making sure that the cryptocurrencies investors are receiving “”adequate disclosures”. Moreover, those involved in the sale and marketing of initial coin offerings – businesses and individuals alike – will also be monitored by OCIE.

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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