SEC Reducing Erospagement Unit and the formation of the business squad
- SEC is re -settled more than 50 attorneys of the PVC output.
- A new work team, led by Heyster Peres, aims to provide organizational clarity.
The US Securities and Stock Exchange Committee (SEC) reduces the encryption enforcement unit. This step is in line with President Donald Trump’s promise to reduce regulations and increase the growth of digital assets. The agency has resettled more than 50 lawyers and employees to other departments, with reports depicting some shifts as unfair reductions.
SEC Mark T. Uyeda, a well -known encryption lawyer, has taken several steps to restructure the agency. One of his main actions includes the creation of a customer -led business team, led by Commissioner Hyster Peres. PEIRCE has long criticized the previous SEC treatment of digital assets, describing it as legal and non -commercially vague.
the Business Band It aims to clarify the application of securities laws to the assets of encryption, recommending innovative policies and protection for the investor. You will focus on determining the assets of encryption that qualify as securities, provide relief to the distinguished symbol exporters, and reconsider the registered symbolic offers. PEIRCE also emphasized the need for incompatible nursery solutions for investment consultants.
SEC strategy transformations
This shift in the SEC policy comes after years of regulations driven by enforcement during the era of former President Gary Ginsner. His mandate has witnessed more than 100 enforcement procedures related to encryption, including high -level issues such as the alleged Coinbase violation of securities laws. Jinsler resigned after President Trump was re -elected.
Paul Atkins, known for his support for a lighter organizational approach, was nominated to succeed ginsner. Meanwhile, Uyeda leadership indicates a new direction of the agency, which Peirce describes as a necessary correction. She emphasized the need for clear rules that support innovation while deterring fraud.
The new SEC site for the encryption team officially It was launched today, and the public inputs were invited by members of industry and investors. The site provides a platform for presenting ideas and participating in discussions about the advanced organizational scene.
Since the business squad paints a new regulatory framework, Pears emphasized that the protection of the investor and the integrity of the market are still the top priority. She admitted the upcoming challenges, but she expressed confidence in formulating balanced policies that benefit the encryption industry and the public.
The encryption news was highlighted today
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