SEC Commissioner Hester Peirce ‘Disappointed’ at Crypto Regulatory Agenda Failure

Hester Peirce, commissioner of the US Securities and Exchange Commission (SEC), known as Crypto Mom, has expressed his disappointment at the regulator’s agenda that did not include a clarification on digital assets.

In a joint statement on Monday, SEC Commissioner Elad Roisman and Peirce. saidThey were “disappointed” at the failure of Gary Gensler’s regulatory agenda to include items aimed at helping companies raise funds, boosting investor protection, revoking the latest rules passed by the board. And shed some light on crypto, which, according to the two, Gensler’s uncertain stance on digital assets could pose a problem for companies looking to operate in this space.

“Instead of doing the difficult task of setting up rules to allow investors and regulated entities to interact with digital assets. including digital assets that are securities But there is still silence and no clarification on crypto, signaling that the market will continue to have questions about the enforcement of our securities laws,” Peirce and Roisman said. audacity and hindering conscientious participants who wish to comply with the law.”

The couple also added that The postponement of the amendments involved reviewing information about trading – presumably including crypto – and the person behind the transaction. According to Peirce and Roisman, these postponements “May cause investor information to remain at risk.”

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