{"description":"Documents matching '\"S7-2026-27\"'","count":1,"total_pages":1,"results":[{"title":"Regulation Crypto Assets","type":"Proposed Rule","abstract":"The Securities and Exchange Commission (\"Commission\") is proposing new rules to create a tailored offering regime for certain investment contracts involving crypto assets. The proposed offering regime is intended to facilitate capital formation and accommodate innovation within the crypto asset markets while, at the same time, ensuring that investors are adequately protected and provided with the information they need to make informed investment decisions. The proposed rules would be set forth in a new regulation titled \"Regulation Crypto Assets\" and would include two exemptions from the registration requirements of section 5 of the Securities Act of 1933. The first exemption would permit offerings of up to $5 million during a four-year period. The second exemption would permit offerings of up to $75 million during each 12-month period. Under both exemptions, issuers would be required to make certain principles-based narrative disclosures available to their investors. In addition, issuers under the second exemption would be required to provide financial statements and would be subject to ongoing reporting requirements. Issuers that rely on these exemptions would remain subject to the antifraud and antimanipulation provisions of the Federal securities laws. The proposed rules also would include a conditional safe harbor from the term \"investment contract\" in the definitions of \"security\" in the Securities Act of 1933 and the Securities Exchange Act of 1934. If the conditions of that proposed safe harbor are satisfied, then a crypto asset would be deemed not to be subject to an investment contract for purposes of those definitions of \"security.\"","document_number":"2026-17183","html_url":"https://www.federalregister.gov/documents/2026/08/21/2026-17183/regulation-crypto-assets","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-08-21/pdf/2026-17183.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-17183.pdf?1787229923","publication_date":"2026-08-21","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"Electronic Comments \n \n • Use the Commission's internet comment form (\n https://sec.gov/comments/<span class=\"match\">s7-2026-27</span>/regulation-crypto-assets \n ).\n \n \n • Send an email to \n rule-comments@sec.gov. \n Please include File Number <span class=\"match\">S7-2026-27</span> on the subject line.\n \n Paper Comments \n • Send paper comments to Vanessa A. Countryman, Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090. \n \n All submissions should refer to File Number <span class=\"match\">S7-2026-27</span>. This file number should be included on the subject line if email is used. To help the Commission"}]}