SEC nearly doubles crypto unit staff to crack down on abuses in the booming market

The Securities and Exchange Commission announced Tuesday that it will almost double its staff responsible for protecting investors in cryptocurrency markets.

The SEC said that the 20 additions will include investigative staff attorneys, trial lawyers and fraud analysts.The Securities and Exchange Commission announced Tuesday that it will almost double its staff responsible for protecting investors in cryptocurrency markets. Wall Street's top law enforcer said that the 20 additions will include investigative staff attorneys, trial lawyers and fraud analysts. Both SEC Chairand Enforcement Director Gurbir Grewal applauded the hires as overdue and key to regulating one of Wall Street's newest and most popular industries.

Grewal added that individual retail investors tend to comprise the bulk of victims of crypto-related securities fraud. Cyber threats continue to pose "existential" risks to the U.S. financial system, he added.

so, its 2 interns now, is it ?

So do you not look at the stock market anymore lol 😆

I still can't believe that real account manager exist I am so happy trading with kyelsena0 i never took her serious because I taught she was a scam like others ,until my first withdrawal of $10,500 within just one week of trading! I am so grateful to her and i can't keep this

Regulatory response is often slow but inevitable

But they can't release the right paperwork when it comes to the first part of April's shortings report? Or see that there are more shares of AMC registered with them directly than are offered by the AMC and do something about it.

GaryGensler doesn’t have the resources to look at darkpoolabuse but we have a team for crypto? The priority is obvious again “make sure the apple cart stays just the way it is. SECGov mission is to protect the financial industry. Kinda like AMC

Likely they mean 'abuses' as 'Not paying your taxes peasants!“ Does anyone really think they'll go after the already rich? Of course not... Just more people to enforce the' Stay poor, pay every tax we tell you to'

he is just handsome, i love his lectures

'the SEC’s broader Enforcement division, will increase its head count by 20' yes that should be enough 🤡

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‎CoinDesk Podcast Network: BREAKDOWN: The Fed vs. VC – What’s Driving Crypto Short-Term and Long-Term Market Outlook on Apple PodcastsWhat do the events of the past month foreshadow about crypto’s long-term market outlook? NLW dives into Ikigai_fund’s monthly newsletter by Travis_Kling. nlw Ikigai_fund Travis_Kling XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars. nlw Ikigai_fund Travis_Kling luffyinutoken LUFFY LuffyV2 LUFFYTOKEN LUFFYCREW Cryptocurrency NFTs P2E ETH BTC ETC
Source: CoinDesk - 🏆 291. / 63 Read more »