BTC $79,193.02 +0.93%
ETH $2,512.29 +1.32%
BNB $753.60 -0.21%
XRP $1.44 +3.72%
SOL $104.64 +1.79%
TRX $0.3391 +0.30%
DOGE $0.0907 +1.54%
ADA $0.2211 +1.74%
BCH $259.14 +0.29%
LINK $12.55 -0.94%
HYPE $86.85 +3.37%
AAVE $129.69 -1.27%
SUI $0.8232 +0.29%
XLM $0.1902 +0.30%
ZEC $1,240.09 +10.58%
BTC $79,193.02 +0.93%
ETH $2,512.29 +1.32%
BNB $753.60 -0.21%
XRP $1.44 +3.72%
SOL $104.64 +1.79%
TRX $0.3391 +0.30%
DOGE $0.0907 +1.54%
ADA $0.2211 +1.74%
BCH $259.14 +0.29%
LINK $12.55 -0.94%
HYPE $86.85 +3.37%
AAVE $129.69 -1.27%
SUI $0.8232 +0.29%
XLM $0.1902 +0.30%
ZEC $1,240.09 +10.58%

The Digital Chamber lists the new SEC's first-day priorities, including the Hinman speech and reviewing existing cryptocurrency cases

2024-12-19 08:11:33

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X that during a meeting this week with staff from SEC commissioners Hester Peirce and Mark Uyeda, the Token Alliance of the Digital Chamber pointed out that addressing the 2018 Hinman speech is a priority for the Corporation Finance division on its first day, citing its lack of relevance to the Howey test, which has caused market confusion and "improperly created a winner/loser dynamic."

Other items marked as "key" priorities for the first day include:

  • Initiating a review of all existing crypto-related investigations, Wells notices, and ongoing litigation, and seeking to pause those cases that do not involve actual fraud or investor harm;
  • Rescinding SAB 121 and publishing a rescission order in the Federal Register;
  • Formally withdrawing and reconsidering the proposed amendment to Rule 3b-16, which proposed to expand the definition of "exchange" to include DeFi protocols;
app_icon
ChainCatcher Building the Web3 world with innovations.