The SEC added 20 new positions to the Division of Enforcements Crypto Assets and Cyber Unit. The Unit combats fraud and other abuses in crypto markets.
News & Insights
At an SEC Investor Advisory Committee meeting, SEC Chair Gary Gensler and SEC Commissioner Hester M. Peirce offered contrasting views on market regulation, particularly as to new technologies and financial products.
In remarks before the European Parliament Committee on Economic and Monetary Affairs, SEC Chair Gary Gensler described investor protection implications of evolving financial technologies.
A company that sold digital tokens using smart contracts and "decentralized finance" technology and its two executives settled SEC charges for the unregistered sale of over $30 million of securities.
In testimony before the U.S. House Appropriations Subcommittee on Financial Services and General Government, SEC Chair Gary Gensler and Treasury Secretary Janet Yellen testified on the impact of market developments on agency budgets.