SEC Chairman opposes House bill on 21st Century Financial Innovation and Technology Act
Gary Gensler, the chairman of the US Securities and Exchange Commission, said on Wednesday that the "21st Century Financial Innovation and Technology Act" would harm the interests of investors, hinder the work of the SEC, and create new regulatory loopholes. It would also undermine decades of precedent regarding the supervision of investment contracts, exposing investors and capital markets to incalculable risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Legendary Analyst il Capo Shares Two Altcoins He Says He Accumulated in Recent Weeks
Cryptocurrency analyst il Capo of Crypto shared two different altcoins he has accumulated recently in his statement.
A US Court Ruled in Favor of the SEC in a Cryptocurrency Case!
The SEC's allegations against a cryptocurrency company were deemed plausible by the judge, according to court data.
BREAKING: PayPal Takes Historic Cryptocurrency Step – Will Allow Buying, Selling and Hold
Solana may hit $330 and reach 50% of ETH market cap — VanEck research