The U.S. securities regulator on Thursday advised public companies to examine whether they need to disclose to investors any potential impacts from turmoil in the cryptocurrency industry, Reuters reported. The guidance from the Securities and Exchange Commission's (SEC) division of corporation finance - tasked with ensuring that public companies give investors key information - is the latest sign that regulators are on high alert for further fallout in the wake of the collapse of major crypto firms, including FTX and BlockFi Inc. In guidance to public companies, the SEC laid out information businesses may have to share with their investors, including whether the firms have any financially material exposures to counterparties that have filed for bankruptcy or become insolvent.
