SEC's Gensler pushes back on industry's call to recuse from crypto actions

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Securities and Exchange Commission Chair Gary Gensler pushed back on calls from the crypto industry to recuse himself from making certain crypto-related decisions and said he is “fully compliant.”

he was “well aware” of “ethical responsibilities,” when asked Wednesday for his response about the crypto industry calling him to recuse himself from making certain crypto-related decisions.

“I take an oath, along with my fellow commissioners, to enforce the law that Congress passed and how the courts interpret it,” Gensler said during a media availability following a commission meeting related to rulemaking on money market funds and broker-dealers on Wednesday. “It really comes down to protecting the investing public and looking through the facts and the circumstances of each of the individual tokens and the platforms themselves.

“His steadfast view that all digital assets except bitcoin are securities means that he cannot approach enforcement decisions with a fair and impartial mind,” Chervinsky wrote.to investigate the recent granting of a special purpose broker-dealer license to Prometheum, a company whose co-CEO maintains that crypto should fit within current securities laws, in contradiction to much of the industry.A number of firms vying for the first spot bitcoin exchange-traded fund in the U.S.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 464. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Explainer: Why is the U.S. SEC reforming money market funds?The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve the resilience and transparency of the roughly $5.5 trillion U.S. money market fund industry.
Fuente: Reuters - 🏆 2. / 97 Leer más »