Regulation· ★★★· neutral·

Blockworks asks SEC to require token projects to disclose market-maker deals and promoter payments

  • —Blockworks wants line items from its Token Transparency Framework written into SEC rules
  • —Projects would disclose wallet and contract addresses and how they calculate supply
  • —It proposes a new Qualified Onchain Disclosure Agent role with a public, searchable archive
  • —The SEC's Rule 103 draft is less prescriptive and does not mention market makers
Why it matters: Stricter disclosure would give investors visibility into token projects' hidden deals with market makers and promoters.
Source: Unchained