SEC Will Demand Hedge Funds To Report Crypto Exposure Post Terra Collapse

The SEC and CFTC look to mitigate the risks establishments pose due to crypto exposures. This is due to the contagion spread by the Terra debacle and the crash of the crypto markets. The events majorly impacted several entities, costing investors billions in funds. It is against this background that the regulators wish to be informed of any crypto exposures Hedge Funds might have.