SEC Division of Examinations Publishes New Exam Handbook

The significance here is procedural rather than substantive: the division is consolidating how it explains its own examination process, which registrants have historically had to piece together from a thinner brochure. For crypto and RWA firms operating under SEC registration, clearer process guidance can reduce ambiguity around what engagement during an exam looks like, though the absence of stated scope or effective date means the practical reach remains unclear. Whether this signals a broader shift toward more formalized registrant communication is the open question.