According to Reuters, three people familiar with the matter said that top Republican officials at the Securities Exchange Commission (SEC) are preparing to begin reforming the agency's cryptocurrency policy as early as next week after Trump takes office. According to two of the people familiar with the matter, the measures being considered by Commissioners Hester Peirce and Mark Uyeda include initiating procedures to finalize guidance or rules on when the agency considers cryptocurrencies to be ...
The Securities and Exchange Commission on Tuesday filed a lawsuit in federal court in Washington, D.C., against Musk for alleged securities violations. The SEC said Musk violated federal securities laws by purchasing more than 9% of Twitter's common stock in March 2022 but failing to disclose the relevant information in a timely manner. The delay was 11 days before Musk publicly disclosed his beneficial ownership in a report to the SEC on April 4, 2022. The delay allowed Musk to continue to pay ...
Former SEC Chairperson Jay Clayton said on Wednesday that Congress could pass legislation to regulate cryptocurrencies under Trump. Clayton also said he favors easing regulatory burdens to encourage companies to go public, heralding a broad change in public policy that the industry is currently looking forward to, as they spend heavily to influence this month's presidential election.
At a House Financial Services Committee hearing, Gary Gensler, chairperson of the Securities Exchange Commission, was criticized by lawmakers and members of his agency for his handling of U.S. cryptocurrency regulation. U.S. Congressman Tom Emmer slammed SEC Chairperson Gary Gensler as the most "disruptive" and "lawless" in the regulator's 90-year history.
At a House Financial Services Committee hearing, Gary Gensler, chairperson of the Securities Exchange Commission, was criticized by lawmakers and members of his agency for his handling of U.S. cryptocurrency regulation. U.S. Congressman Tom Emmer slammed SEC Chairperson Gary Gensler as the most "disruptive" and "lawless" in the regulator's 90-year history.