U.S. Securities and Exchange Commission

Crypto markets—and the millions of Americans who participate in them—deserve long-overdue clarity. Under President @realDonaldTrump's leadership, we are well on our way. My latest in @CoinDesk with SEC Commissioners @HesterPeirce and Mark Uyeda ⬇️ ow.ly/5z2050YwxI5

The SEC’s interpretation on crypto assets is just the beginning and serves as a bridge while Congress works to advance market structure legislation. Our rules must be clear enough to guide markets, flexible enough to accommodate innovation, and firm enough to protect investors.

Chairman @SECPaulSAtkins regarding the Commission’s interpretation on crypto assets: “We’re breaking from the past. We are now giving clarity from the SEC’s perspective as to what are and are not securities.”

INVESTOR ALERT 🚨: Investors should never rely solely on information from group chats in making investment decisions. Be wary of any group chat where you receive investment advice from someone you don’t know – this is often how scams begin. ow.ly/upFW50Ytysa

Chairman @SECPaulSAtkins on today’s interpretation on crypto assets: “After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding of how the Commission treats crypto assets under federal securities laws.”

Our interpretation on crypto assets—grounded in existing law and informed by extensive public input—acknowledges what the former administration refused to recognize... Most crypto assets are not themselves securities.

In addition to providing greater clarity regarding the Commission’s treatment of crypto assets, today's interpretation complements Congressional efforts to codify a comprehensive crypto market structure framework into statute. More details below. 👇

After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding of how the SEC treats crypto assets under federal securities laws. This is what regulatory agencies are supposed to do: draw clear lines in clear terms.

TODAY 🚨: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets. This is a major step to provide greater clarity regarding the Commission’s treatment of crypto assets. Read the release here: ow.ly/XhhV50YvxvO

Yesterday, the SEC proposed amendments to Rule 15c2-11 to refer to only equity securities.  @SECPaulSAtkins: "Regulations should be appropriately tailored to fit the asset class to which they apply.” Read the full release here: ow.ly/51wl50YveeY

What are Fractional Shares?    Fractional shares are a way to invest when you do not have enough money to purchase a full share of a particular stock. Learn more: ow.ly/JG0Q50YtvxT

Thinking about opening a 529 account? Here are some questions to consider: investor.gov/introduction-i…

The Division of Economic & Risk Analysis is seeking Financial Economists in Washington, DC, Chicago, IL, Fort Worth, TX, and San Francisco CA. For more information and to apply, please visit: usajobs.gov/job/860864000.

The era of turf wars, duplicative registrations, & differing regulations between @SECgov & @CFTC is over. By aligning regulatory definitions, coordinating oversight, & facilitating data sharing, @ChairmanSelig & I will ensure we deliver the clarity market participants deserve.

Link to the MOU: sec.gov/files/mou-sec-… Link to our press release: sec.gov/newsroom/press…

🚨 TODAY: Alongside the @CFTC, we entered into an updated Memorandum of Understanding to guide future coordination between our two agencies.   This MOU will support lawful innovation, uphold market integrity, and promote investor and customer protection.   Link in the comments.

Did you know that adding a trusted contact to an investment account can help protect against fraud or financial exploitation?  Learn more:  investor.gov/introduction-i…

.@SECPaulSAtkins at @FIAconnect's Global Cleared Markets Conference: “The @SECGov & the @CFTC operate under distinct statutes entrusted to us by Congress . . . but fulfilling our responsibility does not require fragmentation; it calls for coordination.”

More information about the forum: sec.gov/about/division…

Our Small Business Advocacy Team held their annual Small Business Forum today. The event brought together public and private sector voices to discuss capital formation for entrepreneurs, small businesses, and smaller public companies.