Continuous regulatory intelligence across 106 agencies in the US, Europe, and Asia-Pacific. Primary sources only. Institutional signal without enterprise cost.
Professionals need regulatory intelligence that's verifiable and affordable. Nothing in the market delivers both.
Regulated decisions shouldn't rely on unverified opinion.
Institutional rigor shouldn't require enterprise budgets.
Cresthaven Analytics was built to fill it.
Compliance officers, fund managers, capital markets attorneys, RIAs, institutional investors, risk managers, digital asset operators
SEC enforcement, FCA notices, ESMA guidance, HKMA directives, central bank communications
Multinational executives, trade law firms, supply chain managers, commodities traders, export compliance officers, policy researchers
OFAC sanctions, BIS export controls, EU dual-use restrictions, DFAT sanctions, WTO disputes
Biotech fund managers, pharma executives, healthcare investors, hospital compliance teams, medical device operators, regulatory affairs professionals
FDA approvals, EMA authorizations, MHRA safety alerts, TGA therapeutic guidance
AI startup founders, tech legal departments, venture investors, privacy officers, data protection officers, corporate strategy teams
AI regulatory frameworks, GDPR enforcement, CMA merger decisions, FTC privacy actions
Electric utilities, energy trading desks, renewable energy developers, commodity counsel, infrastructure funds, energy law firms, pipeline operators
FERC grid reliability orders, EPA emissions mandates, IEA Oil Market Report, DESNZ infrastructure approvals, Ofgem price control decisions, AER network pricing decisions
Defense contractors, aerospace manufacturers, export-control counsel, cleared contractor security teams, defense-tech operators, government procurement officers
ITAR violation actions, CMMC compliance deadlines, DFARS rule changes, NATO procurement policy, UK MoD notices, Japan ATLA equipment transfer decisions
BSA officers, MLROs, AML compliance teams, financial-crime counsel, sanctions and KYC professionals, fintech and payments compliance leads
FinCEN enforcement and advisories, AMLA supervisory decisions, FATF plenary outcomes and list changes, AUSTRAC enforcement, DOJ money-laundering prosecutions
Traders, independent investors, independent RIAs, journalists, policy researchers, academic researchers, solo legal practitioners, boutique consultants, family offices
Verified primary-source intelligence without enterprise cost — the same signal quality at individual scale. Enforcement actions, sanctions designations, approvals, and rule changes across any sector they follow.
Continuous ingestion of official releases from 106 regulatory agencies across 7 sectors and 3 regions — the moment they publish. Every source is a verified government endpoint.
Not every release matters. Our system assesses each development against defined materiality thresholds — surfacing only what has direct strategic, compliance, or capital implications.
Structured, scannable intelligence delivered directly to your inbox. Every brief includes headline, source link, materiality classification, and strategic context. Under 2 minutes to read.
Every brief links directly to the original government document. No interpretation. No intermediaries.
U.S. Securities and Exchange Commission
Official Press Release, Federal Register Filing
SECURITIES AND EXCHANGE COMMISSION, 17 CFR Parts 230, 240, 242, and 249
Release No. 34-99847; File No. S7-03-2026, RIN 3235-AM14
Joint Statement on the Regulation of Crypto Asset Securities and Commodities
AGENCY: Securities and Exchange Commission.
ACTION: Proposed rule; joint statement with the Commodity Futures Trading Commission.
SUMMARY: The Securities and Exchange Commission ("Commission" or "SEC") is proposing
amendments to Rules 3a4-1, 10b-5, 15c3-1, and 17a-4 under the Securities Exchange
Act of 1934 ("Exchange Act"), and new Rule 3a68-1 under the Commodity Exchange Act
("CEA"), to establish a coordinated framework for the oversight of digital asset
securities and digital asset commodities. The proposed rules would create a unified
registration and compliance pathway for entities operating at the intersection of
securities and commodity markets in the digital asset ecosystem.
DATES: Comments should be received on or before [INSERT DATE 60 DAYS AFTER
PUBLICATION IN THE FEDERAL REGISTER].
Pursuant to the authority in Sections 3(b), 10(b), 13(a), 15(d), and 23(a) of the
Securities Exchange Act of 1934 (15 U.S.C. 78c(b), 78j(b), 78m(a), 78o(d), and
78w(a)), and Sections 2(a)(1) and 5c(c) of the Commodity Exchange Act (7 U.S.C.
2(a)(1) and 7a-2(c)), the Commission and the CFTC jointly propose the following:
I. BACKGROUND
A. Current Regulatory Landscape for Digital Assets
The regulation of digital assets in the United States has evolved through a series of
enforcement actions, no-action letters, staff guidance, and judicial decisions. The
Commission has applied the framework established in SEC v. W.J. Howey Co., 328 U.S.
293 (1946), to determine whether a particular digital asset constitutes an "investment
contract" and thus a "security" under Section 2(a)(1) of the Securities Act of 1933
(15 U.S.C. 77b(a)(1)) and Section 3(a)(10) of the Exchange Act (15 U.S.C. 78c(a)(10)).
The CFTC, in turn, has asserted jurisdiction over digital assets that qualify as
"commodities" under Section 1a(9) of the CEA (7 U.S.C. 1a(9)), including Bitcoin and
Ether, as affirmed in CFTC v. McDonnell, 287 F. Supp. 3d 213 (E.D.N.Y. 2018).
B. Need for a Coordinated Approach
Market participants have repeatedly identified regulatory uncertainty as a principal
barrier to innovation and compliance in the digital asset space. The lack of a unified
framework has resulted in duplicative regulation, inconsistent enforcement, and
regulatory arbitrage across jurisdictions...
II. DISCUSSION OF PROPOSED AMENDMENTS
A. Proposed Rule 3a68-1: Definition of "Digital Asset Security-Commodity"
B. Proposed Amendments to Rule 10b-5: Application to Digital Asset Trading
C. Proposed Amendments to Rule 15c3-1: Net Capital Requirements for Digital Asset Dealers
D. Proposed Amendments to Rule 17a-4: Recordkeeping Requirements
III. PAPERWORK REDUCTION ACT ANALYSIS
IV. ECONOMIC ANALYSIS
V. REGULATORY FLEXIBILITY ACT CERTIFICATION
VI. STATUTORY AUTHORITY
SUPPLEMENTARY INFORMATION: The full text of this joint rulemaking proposal spans
approximately 247 pages in the Federal Register and references 142 prior Commission
actions, 38 CFTC enforcement proceedings, and 64 public comment letters.
A. Proposed Rule 3a68-1: Definition of "Digital Asset Security-Commodity"
The Commission proposes to define a "digital asset security-commodity" as any digital
asset that: (i) was initially offered or sold as part of an investment contract within
the meaning of Section 2(a)(1) of the Securities Act and Section 3(a)(10) of the
Exchange Act; and (ii) has, subsequent to its initial distribution, developed sufficient
decentralization, utility, or functional characteristics such that it may also qualify
as a "commodity" under Section 1a(9) of the CEA.
B. Proposed Amendments to Rule 10b-5: Application to Digital Asset Trading
The Commission proposes to amend Rule 10b-5 under the Exchange Act to clarify its
application to digital asset trading. Specifically, the proposed amendment would
extend anti-fraud provisions to manipulative and deceptive practices in the trading
of digital assets on both registered and unregistered platforms.
=================================================
U.S. SECURITIES AND EXCHANGE COMMISSION
100 F Street NE, Washington, DC 20549 · www.sec.gov
Release No. 34-99847 | File No. S7-03-2026
Federal Register Vol. 91, No. 47 / March 2026
Cross-referencing against regulatory history, precedent, and active legislation
SEC Regulatory Brief
Digital Asset Oversight Monitor
SEC and CFTC Announce Joint Crypto Harmonization Event
Joint event signals a coordinated federal approach to digital asset oversight, marking a departure from enforcement-led regulation.
Top-down inter-agency coordination on digital asset policy; a formal harmonization agenda between the SEC and CFTC.
A significant departure from unilateral enforcement posture — proactive inter-regulatory alignment rather than legislation-led change.
Executive brief sent to subscriber inbox
Choose your agencies, sectors, and regions. Adjust monthly. Briefs reflect what you cover, not someone else's signal, and every item names its region and jurisdiction so you see exactly which authority is acting. The coverage profile is yours to reshape as your priorities shift — not a fixed feed bought once, not a generic stream everyone receives.
Every brief carries provenance: the publishing agency, the publication date, and a direct link to the source document. Click through to verify, cite, or forward to counsel. Auditability is the structure of the deliverable, not a workflow.
See methodology →Regulators don't stay in their lanes. A securities enforcement action ripples into sanctions exposure. An AI rule rewrites financial compliance overnight. An export control redraws a supply chain you thought was settled. Most tools cover one sector well and miss the spillover. Cresthaven reads across sectors so the spillover is the story, not the surprise.
Every brief reads the same way. What changed. Who is affected. Why it matters. The primary source. The decision window. Five parts in that order, every time. Each brief closes with a materiality classification (HIGH, MEDIUM, LOW) and a forward outlook naming the next agency action to track. No headline tricks. No hidden caveats. No commentary layer between you and the facts. Real-time alerts read in under two minutes. Daily and weekly briefs go deeper, but the structure stays the same — scannable, citable, decision-ready.
See brief format →Coverage extends in two directions in time. Forward: every material brief carries the source's deadline — comment-period close, effective date, hearing date, sunset trigger, implementation date — so each action arrives with its clock. Backward: weekly synthesis names the prior-week items current developments follow up on, so an arc that begins in April and concludes in July reads as one continuous story rather than three disconnected briefs. A new subscriber sees this week. A long-term subscriber sees the pattern.
See methodology →24 regulatory agencies across 3 regions monitoring securities enforcement, banking regulation, monetary policy, and capital markets oversight.
14 regulatory agencies across 3 regions monitoring sanctions, export controls, trade remedies, and cross-border risk.
11 regulatory agencies across 3 regions monitoring drug approvals, medical device regulation, public health policy, and clinical pipeline signals.
13 regulatory agencies across 3 regions monitoring AI governance, cybersecurity frameworks, data protection, antitrust enforcement, and digital market regulation.
14 regulatory agencies across 3 regions monitoring energy markets, grid reliability, commodity derivatives, environmental compliance, and pipeline safety regulation.
12 regulatory agencies across 3 regions monitoring defense export controls, federal acquisition regulation, cybersecurity requirements, NATO procurement, and defense industrial base policy.
19 regulators, enforcement agencies, and standard-setters worldwide monitoring AML enforcement, money-laundering prosecutions, FATF standards, and virtual-asset supervision.
CONTINUOUS INTELLIGENCE FEED — PROTECTED BY SENTINEL
Every brief passes through Sentinel, our proprietary eleven-layer quality-assurance backbone spanning source authentication, feed defense, pre-publish fact-grounding, and post-delivery verification. Enterprise-grade protection at every stage of the pipeline, built from day one.
Verified Signal. Strategic Clarity. Decisive Edge.
Every subscription is fully bespoke. Pick agencies from any sector, any region — and change your coverage every month. No rigid packages. No bundled waste. Everything folds into one brief.
Financial, Defense, Energy, Healthcare — build coverage across any combination. No sector restrictions.
Every agency you select — no matter how many sectors — delivered as a single structured digest. More coverage, not more emails.
Adjust your agencies anytime. Expanding into a new market? Add it. Winding down a sector? Remove it. No lock-in, no penalties.
Delivered by email, available in your portal, or both. Opt out of email entirely and read briefs on your schedule. Zero inbox clutter.
Build your coverage from 106 agencies across 7 sectors.
Daily intelligence with cross-agency visibility.
Full sector depth. Real-time delivery. Total clarity.
Add additional agencies to any tier — everything folds into one brief.
Brief quality is identical at every tier — tiers control speed, coverage, and packaging only.
Prefer to skip email? Every subscriber gets full portal access — read briefs on your schedule, no inbox required.
Full refund within 60 days — no questions asked. Cancel anytime.
Intelligence built to your specifications, scoped to your priorities.
Terminal-class depth, shaped around your workflow. Update your focus anytime and your next brief reflects it.
Have a question, want to explore a subscription, or need help with your account? Send us a note below and we'll respond within one business day.
Four sample briefs over four weeks, sector-matched to your work. No credit card. No marketing email.
Get Four Free Sample BriefsVERIFIED SIGNAL. STRATEGIC CLARITY. DECISIVE EDGE.