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SEC

The U.S. Securities and Exchange Commission is the federal agency that regulates securities markets, company disclosures, and investor protection.

Known aliases

  • SEC Crypto Task Force
  • SEC Division of Corporation Finance
  • sec.gov
  • Securities and Exchange Commission
  • Securities & Exchange Commission
  • Securities Exchange Commission
  • Security Exchange Commission
  • the agency
  • the securities regulator
  • US regulators
  • U.S. SEC
  • US Securities and Exchange Commission

Current stories

investConfirmed3 publishers

Strategy puts a 12% daily STRC dividend to a common shareholder vote on October 28

Strategy has conditionally declared daily STRC dividends at a 12% rate for November, if common stockholders approve an amendment on October 28. Either way the November total is $1.00 a share, so the vote moves the payment calendar and nothing else.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 28%
Investor
Investor 67%

Reality

Evidence72
Adoption
Not scored
Hype gap+12
Incentives68
Confidence74
investOne report1 publisher

CoreWeave, Broadcom and Cerebras use the SEC's 30-day window to turn down OKXICE

CoreWeave, Broadcom and Cerebras have each objected to OKXICE trading tokenized versions of their shares, on a venue that treats 30 days of silence as consent. Davis Polk says a company can object only to a venue that sends it a notice. Each no covers one platform.

Reality

Evidence45
Adoption
Not scored
Hype gap
Not scored
Incentives
Not scored
Confidence50
investConfirmed3 publishers

Anthropic's Wednesday Q3 figures will help size a possible $2 trillion listing

Anthropic will show institutional investors its first third-quarter financials on Wednesday, ahead of a listing that could be valued near $2 trillion. Whether they move chip stocks, as OpenAI's did last week, depends on how partner revenue is counted.

Perspective Coverage

4 publishers
Builder
Builder 7%
Operator
Operator 19%
Investor
Investor 74%

Reality

Evidence35
Adoption
Not scored
Hype gap+30
Incentives
Not scored
Confidence60
investOne report1 publisher

BNB Chain overtakes Stellar to hold 59.8% of Franklin Templeton's onchain fund assets

Franklin Templeton holds about $1.5 billion, or 59.8%, of its roughly $2.55 billion in onchain fund assets on BNB Chain, Crypto Briefing reported. The other nine chains split about $1.03 billion, roughly $114 million each on average.

Reality

Evidence40
Adoption30
Hype gap+15
Incentives
Not scored
Confidence45
investConfirmed4 publishers

VanEck tells the SEC it will not distribute shares of its Lido staked Ether ETF

VanEck told the SEC on Wednesday that it will not distribute shares of its proposed Lido staked Ether ETF. Crypto Briefing reported that no shares were ever issued, so the withdrawal leaves no holders to unwind.

Perspective Coverage

4 publishers
Builder
Builder 20%
Operator
Operator 35%
Investor
Investor 45%

Reality

Evidence68
Adoption0
Hype gap+12
Incentives
Not scored
Confidence66
investConfirmed4 publishers

SEC clears Cboe to list $1 binary options on Coinbase, MARA and Robinhood metrics

SEC approved exchange-listed binary options that settle in cash on reported metrics at Coinbase, MARA and Robinhood. Chairman Paul Atkins said the order leaves CFTC oversight of differently structured products untouched, so event-style contracts now have a securities track and a CFTC track.

Perspective Coverage

4 publishers
Builder
Builder 11%
Operator
Operator 40%
Investor
Investor 49%

Reality

Evidence72
Adoption
Not scored
Hype gap+20
Incentives40
Confidence75
investOne report1 publisher

Supply growth explains only part of XRP's 62.5% fall from its 2018 high

XRP trades near $1.33, 62.5% below its January 2018 peak of $3.55, while bitcoin and ether stay far above their 2017 highs. Supply growth of 63% explains a drop to about $2.18, so demand-side factors have to account for the remaining fall.

Publishers:coindesk.com

Reality

Evidence62
Adoption30
Hype gap−10
Incentives
Not scored
Confidence58
investConfirmed2 publishers

Binance US courts $100 million at about 22% of its 2022 pre-money valuation

Binance US is seeking up to $100 million at about a $1 billion valuation, Bloomberg reported, against $4.5 billion pre-money in 2022. None of the three accounts says whether the $1 billion is pre- or post-money, so the markdown is approximate.

Perspective Coverage

6 publishers
Builder
Builder 15%
Operator
Operator 34%
Investor
Investor 51%

Reality

Evidence42
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence55
investConfirmed8 publishers

Patrick Witt's exit leaves the White House crypto council with no senior lead before the lame duck

Patrick Witt has left the White House crypto council after his Defense Department detail expired, and no replacement has been named. The CLARITY Act he worked on now waits for a lame duck with 22 Senate session days, none set aside for crypto.

Perspective Coverage

8 publishers
Builder
Builder 14%
Operator
Operator 39%
Investor
Investor 47%

Reality

Evidence72
Adoption
Not scored
Hype gap+12
Incentives
Not scored
Confidence74
investOne report1 publisher

Tokenized stocks traded about $14.3 billion onchain outside the US in 30 days, roughly 3 to 4.8 times their estimated market cap

Tokenized US stocks took 99.3% of non-US onchain trading volume in a 30-day period, a total of $14.4 billion, cryptobriefing.com reported. Against an estimated market cap of $3 billion to $4.8 billion, the whole market changed hands three to nearly five times.

Reality

Evidence35
Adoption55
Hype gap+25
Incentives
Not scored
Confidence40
investOne report1 publisher

Hunterbrook, short UWMC, sends its broker overcharge claims to regulators and state attorneys general

Hunterbrook, short UWMC and long RKT, sent its United Wholesale Mortgage broker analysis to federal regulators and state attorneys general. The allegations come from a firm positioned against the stock, so confirmation has to come from agencies or courts.

Publishers:hntrbrk.com

Reality

Evidence30
Adoption
Not scored
Hype gap+35
Incentives90
Confidence55
leadershipOne report1 publisher

Kahan and Rock expect some state to permit mandatory shareholder arbitration after the SEC's reversal

NYU law professors Marcel Kahan and Edward Rock expect some state to permit mandatory shareholder arbitration now that the SEC has dropped its opposition. They tie the effect on state charter competition to an assumption that a significant fraction of public companies will want it over time.

Reality

Evidence35
Adoption8
Hype gap+10
Incentives
Not scored
Confidence45
investOne report1 publisher

TD Cowen warns that the SEC and CFTC rules issued after the CLARITY vote are the easiest kind to rescind

The SEC unveiled a five-year exemption for stock tokens two days after the Senate's failed CLARITY cloture vote. TD Cowen cautions that agency rules like it are the easiest to rescind, so firms building on it carry that risk.

Reality

Evidence55
Adoption20
Hype gap−10
Incentives
Not scored
Confidence50
leadershipOne report1 publisher

SPACs added 52 IPOs in H1 2026 while corporate issuers lost 23, SEC data show

SPACs made up 118 of the 208 IPOs in the SEC's first-half 2026 data, and corporate IPOs fell from 111 to 88. Proceeds still reached more than $137 billion against more than $27 billion a year earlier, carried by fewer, larger corporate deals.

Reality

Evidence68
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence62
leadershipOne report1 publisher

One pay program could draw different Glass Lewis Say on Pay calls from 2028

Glass Lewis proposes to replace its single benchmark voting policy with four perspectives from the 2028 US proxy season, Pay Governance reports. One pay program could draw different Say on Pay recommendations, so boards will need to tailor engagement to key shareholders.

Reality

Evidence50
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence55
leadershipOne report1 publisher

Plus500's US super-app plan draws a Wise comparison on listing venue

Plus500 said on Tuesday it has bought US broker-dealer Hedge and will launch a US-only super-app in the first quarter of 2027. City AM's columnist sees an echo of Wise's move to a New York primary listing, but also notes no sign yet that Plus500 plans one.

Publishers:cityam.com

Reality

Evidence58
Adoption
Not scored
Hype gap+25
Incentives55
Confidence62
investConfirmed3 publishers

Morgan Stanley pushes tokenized stocks on its ATS to Q1 2027 over limited product supply

Morgan Stanley moved tokenized-equity support on its alternative trading system from the second half of 2026 to Q1 2027. Its digital asset head cites limited products and demand, crypto.news reported, as DTCC still plans an October 2026 service.

Perspective Coverage

3 publishers
Builder
Builder 23%
Operator
Operator 35%
Investor
Investor 42%

Reality

Evidence60
Adoption15
Hype gap+30
Incentives
Not scored
Confidence65

Earlier coverage

  1. CFTC proposes crypto leverage rules under existing law after the CLARITY Act stalls

    Invest · October 10, 2026 · Confirmed2 publishers

  2. SEC would add a $100 exam as a route into private deals now gated at $1 million net worth

    Invest · October 11, 2026 · Confirmed2 publishers

  3. iRhythm notifies at least 360,000 patients after a social engineering breach of hosted apps

    Security · October 9, 2026 · Confirmed2 publishers

  4. SEC approves listing rules for proposed 3x bitcoin and ether funds that seek triple returns only one day at a time

    Invest · October 10, 2026 · Confirmed2 publishers

  5. Federal forfeiture can cut $10 million from New York's $35 million Mashinsky settlement

    Invest · October 9, 2026 · Confirmed12 publishers

  6. CFTC extends Phantom-style broker exemption to crypto software makers meeting strict conditions

    Invest · September 17, 2026 · Confirmed5 publishers

  7. Anthropic's $11.5B quarter turns on whether cloud-partner sales are booked gross or net

    Invest · September 6, 2026 · Confirmed2 publishers

  8. Crypto's market structure bill is now a lame-duck problem, at best

    Invest · August 19, 2026 · Confirmed5 publishers

  9. Securitize brings 12 share-backed US stock tokens to Solana ahead of NYSE and OKXICE venues

    Invest · October 8, 2026 · Confirmed9 publishers

  10. Formation's AI and defense credit pitch starts from $150 million of Loopscale deposits

    Invest · October 8, 2026 · Confirmed4 publishers

  11. Cuomo warns crypto that its Republican-heavy spending alienates the Democrats CLARITY needs

    Invest · October 8, 2026 · Confirmed2 publishers

  12. SEC prices its crypto self-custody fallback at $433,833 a year per adviser

    Invest · October 4, 2026 · Confirmed15 publishers

  13. Jenny Johnson's $150 legacy cost per fund transaction is 100 times the figure she gave in January

    Invest · October 7, 2026 · Confirmed2 publishers

  14. French Hill wants a crypto statute because a new administration could undo SEC and CFTC rules

    Invest · October 7, 2026 · Confirmed5 publishers

  15. Crypto's rulebook moves to the agencies after the Senate falls 11 short

    Invest · September 19, 2026 · Confirmed7 publishers

  16. Senate's Clarity Act rewrite hands the Treasury secretary a switch on stablecoin rewards

    Invest · September 14, 2026 · Confirmed11 publishers

  17. SEC, CFTC and Fed moved on crypto within 48 hours of the Clarity Act's Senate defeat

    Invest · September 26, 2026 · Confirmed2 publishers

  18. CFTC proposes a narrower crypto exchange license built on its power over leveraged trades

    Invest · October 5, 2026 · Confirmed14 publishers

  19. Robinhood Chain's memecoin pairs shed 96% of a $443 million-a-day trade

    Invest · October 6, 2026 · Confirmed2 publishers