SEC Reporting Guidance Poses Challenges for Crypto-Assets

Corporate Services attorneys Gabriel Benincasa and Barbra Parlin co-authored an article in Law360 titled "SEC Reporting Guidance Poses Challenges for Crypto-Assets." The article discusses recent proposals from the U.S. Securities and Exchange Commission (SEC) to impose new and potentially problematic reporting requirements on the crypto and digital asset industry.

The authors take a deep dive into the SEC's actions regarding cryptocurrency that Staff Accounting Bulletin (SAB) 121 is challenging for all reporting companies engaging in digital asset custodial activity, discussing both the pros and cons. 

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