PANews reported on February 13 that, according to the U.S. Securities and Exchange Commission (SEC) website, Jim Moloney, Director of the SEC's Division of Corporate Finance, stated in a recent announcement that the SEC will advance several rule reforms focusing on crypto assets, simplified Regulation SK disclosures, semi-annual reports, and the implementation of HFIAA. The Division of Corporate Finance will propose to the Commission a framework for classifying crypto assets and determining "investment contracts," and provide a written regulatory path for related token issuances; it will also review and amend Regulation SK, reducing non-substantive disclosure requirements; prioritize research into providing listed companies with a parallel option for quarterly and semi-annual reporting, as requested by the President; and, in accordance with HFIAA requirements, mandate that directors and executives of foreign private issuers fulfill Section 16 reporting obligations regarding shareholdings and transactions starting March 18, 2026.